Rs.57 lakh worth foreign currency seized at Rajiv Gandhi International Airport

Directorate of Revenue Intelligence (DRI) sleuths have arrested a BCom graduate at the Rajiv Gandhi International (RGI) Airport and seized `57 lakh worth foreign currency from his possession.On Wednesday night, DRI sleuths intercepted a youngster in his early twenties while he was trying to board a Dubai-bound Emirates flight.When DRI officials searched his hand baggage, they found bundles of UAE dirhams, Saudi riyals and Omani riyals. The foreign currency was seized and the `carrier' was arrested.

“The value of the seized foreign currency is `57 lakh,“ a DRI official said. On questioning, he confessed that he was



working as a foreign currency carrier for the first time. “The accused is from Hyderabad. Some of his relatives who live in Dubai, lured him to collect foreign currency from certain people in Hyderabad and bring it to Dubai.They booked flight tickets and also promised to pay about `20,000 commission,“ the DRI official said.

DRI sleuths booked the offender under relevant sections of the Foreign Exchange Management Act (FEMA), 1999, and the Customs Act 1962. He was released on bail. DRI sleuths are now trying to zero in on culprits for whom he was working to get to the bottom of the racket.