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Home National Tamil Nadu chennai

Foreign currencies bound for Singapore seized in Chennai; 1 held

Foreign currencies equivalent to Rs 38.64 lakh have been seized from a Singapore-bound cargo at the airport here on Thursday. In connection with this, one person has been arrested, the Customs said on Thursday.

by NavJeevan
5 years ago
in chennai, Customs & Excise, Tamil Nadu
Reading Time: 1 min read
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Foreign currencies bound for Singapore seized in Chennai; 1 held

Foreign currencies equivalent to Rs 38.64 lakh have been seized from a Singapore-bound cargo at the airport here on Thursday. In connection with this, one person has been arrested, the Customs said on Thursday. PHOTO: CUSTOMS

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NE NEWS SERVICE
CHENNAI, AUG 20

Foreign currencies equivalent to Rs 38.64 lakh have been seized from a Singapore-bound cargo at the airport here on Thursday. In connection with this, one person has been arrested, the Customs said on Thursday.

Chennai Airport Customs:A courier parcel destined to Singapore was detained at Courier terminal.On examination 40000 GBP worth Rs. 38.64 lakhs were found concealed inside 25 specially moulded steel plates and same seized under the Customs Act r/w FEMA.Consignor arrested. pic.twitter.com/37cN3ZIOp8

— Chennai Customs (@ChennaiCustoms) August 20, 2020

Acting on a tip-off, the Customs personnel checked a carton at the international courier terminal of the airport. The check yielded 40,000 Great Britain pounds in the denomination of 50s equivalent to Rs 38.64 lakh, a press release said.

The consignment was declared as tumblers, steel plates and apparels, it said. The currencies were seized under the Customs Act and the Chennai-based person, who had booked the cargo, was arrested, the release added.

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