Foreign currencies bound for Singapore seized in Chennai; 1 held

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.

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.