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DRI busts international hawala racket, arrests Jet crew member

Press Trust of India  |  New Delhi 

The Directorate of Intelligence today claimed to have busted an international racket after arresting two people, including a woman employee who was allegedly trying to smuggle out foreign currency worth over Rs 3 crore.

The DRI officials intercepted the flight attendant when she had boarded a plane that was scheduled to take off for yesterday, the agency said in a statement.

"During examination of her checked in and hand baggage, USD 4,80,200 wrapped in aluminium foil having a market value of Rs 3.25 crore, has been recovered," it said.

During interrogation, it came to light that the woman was part of a major international syndicate and has carried foreign currencies several times for a Delhi-based operator, who was also arrested from here, it said.

The employee was identified as and the alleged hawala operator as Amit Malhotra, a resident of area in Delhi, a senior DRI said.

He said Malhotra used crew members for smuggling foreign currency.

The claimed that Malhotra would collect from some bullion dealers in and send it to select foreign destinations using a flight attendant.

The was being used for purchasing gold abroad and later sent to illegally, the said.

Both Kulshrestha and Malhotra were produced before a designated court which remanded them to two days of judicial custody. They will be produced before a Metropolitan Magistrate on January 11.

Malhotra had befriended crew six months ago during a flight to India, he said.

The DRI has recovered Rs 3.3 lakh in cash, and foreign currencies of different countries worth USD 2,500, besides several incriminating materials from Malhtora, the official said.

In a related development, and National Stock Exchange have sought clarification from Jet Airways on the matter and the response from the is awaited.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 20:21 IST