Tuesday, June 25, 2019

Man smuggling Rs 38.5 lakh forex in customs net

Pune: The customs officials arrested a man attempting to smuggle foreign currency valued at Rs38.5 lakh to Dubai on Sunday.
The passenger — Vishal Vittal Gaikwad — was to fly on an Air India Express flight, when he was caught with the currency during the customs inspection.
“The currency is in the form of Kuwaiti dinars, Omani riyals, UAE dirhams and Bahrain dinars,” a customs officer said.
“The currency was seized under the provisions of the Customs Act of 1962 and the Foreign Exchange Management Act, 2000,” the officer said.
“In a statement, the passenger admitted to the possession, carriage, concealment and recovery of the said currencies. If required, he will be further questioned,” Amjad Shaikh, the investigating officer, said.
In August 2017, two passengers, attempted to smuggle foreign currency — 1.73 lakh US dollars and 30,000 euros — by concealing it in hot cases containing food. The two men were en route to Dubai. The authorities had intercepted the man and inspected their luggage before seizing the currency.
25/06/19 Joy Sengupta/Times of India
To Read the News in full at Source, Click the Headline


Post a Comment