DRI seizes foreign currency worth Rs 1.27 crore at Kolkata airport, 2 held

Image
IANS Kolkata
Last Updated : Oct 25 2018 | 9:00 PM IST

The Directorate of Revenue Intelligence seized foreign currency equivalent to Rs 1.27 crore and arrested two persons who were about to fly out of the city, an official said on Thursday.

Acting on a tip-off, the DRI sleuths intercepted two passengers after they had checked in and completed their security and immigration formalities. They were about to board a Bangkok-bound flight.

A search of the bags led to the discovery of 174,500 US dollars equivalent to Rs 1.27 crore, concealed in customised pockets of the bags, and wrapped in carbon paper to avoid detection by X-ray machines at the airport, the official said.

The passengers - Javed Ahmed and Kamesh Gaur - from the National Capital Region have been arrested.

They have admitted to being part of a syndicate that smuggles foreign currency to Bangkok. They admitted to have done this before too, the agency said in a statement.

--IANS

bdc/shs/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 25 2018 | 8:54 PM IST

Next Story