DRI seize Rs.35 Lakh worth foreign currencies from a passenger flying to Dubai at MIA

DRI seize Rs.35 Lakh worth foreign currencies from a passenger flying to Dubai at MIA

Mangalore Today News Network

Mangaluru, Feb. 03, 2017: Acting swiftly on a specific Information, the officers of the Directorate of Revenue Intelligence(DRI) Mangaluru intercepted one ABDUR RUB s/o ABDUL RAWOOF RUKNUDDIN, aged 21 years, a native of Bhatkal, Uttara Kanada District at Mangalore International Airport at about 22.30 hrs of 2nd February 2017 while he was about to proceed towards Emigration counter after completing his check-in formalities to board Jet Airways Flight No. 9w 532 going to Dubai.

On a thorough examination of the Checked-in and the Hand baggage of Mr. Abdur Rub, the officers found that bundles of foreign currency were deftly concealed inside the tea packets and other confectionery packets. Assorted foreign currency comprising of US Dollars, Saudi Riyals, U.A.E. Dirham and Australian Dollars adding up to Rs. 35,02,900/- in terms of their value in INR were recovered from Mr. Abdur Rub and seized under the provisions of Customs Act, 1962 read with FEMA Rules and RBI guidelines issued in this regard.

Upon interrogation, Mr. Abdur Rub admitted the offence and stated that   he had purchased the said foreign currency from some underground operators in Bhatkal and was carrying it to Dubai for making payments/investments in connection with the garment business being run by his family members and relatives over there.

This is the second case of seizure of foreign currency from a Bhatkal based operative within one month. On 05.01.2017, this Directorate had seized foreign currency amounting to about 25 lakhs from Mr. Mohammed Farooque Armar at the Mangalore International Airport.

Further, investigation in the matter is under progress to reach the kingpin of underground hawala business.