During a raid following specific inputs, the officials seized the currencies to the tune of Rs 62.5 lakh from the house of one Abraham Jeyakumar, known to be a hawala racketeer in Kovilvilai, ED Joint Director (Chennai Zone) K S V V Prasad said in a statement.
Incriminating documents were also recovered during the raid, he said, adding "the seized money was part of the amount transacted in hawala payments received on behalf of one person in Saudi Arabia and it was meant for further distribution to local persons."
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