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Businessman nabbed with Rs. 8.3Mn foreign currency

21 February 2015 05:49 am - 10     - {{hitsCtrl.values.hits}}

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A 41-year-old businessman who attempted to smuggle Rs. 8.3 million worth foreign currency was arrested by the customs officials at the Bandaranaike International Airport (BIA) this morning.

About 20,800 Euros, 17,300 British Pound and 24,000 Saudi Riyals were found hidden inside his luggage.

The suspect was released on a cash bail of Rs.1 million and the foreign currency was confiscated.(Deepa Adikari)
 
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  Comments - 10

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  • OMG Saturday, 21 February 2015 12:22 PM

    These are useless restrictions. The countries that developed recently are the ones with free economy and no exchange controls. All these red tape will make business tougher and will only make the rich richer and poor poorer.

    Nims Sunday, 22 February 2015 03:19 AM

    Why did he attempt to hide the money instead of declaring? Has he paid any income tax. Do you know the maximum amount anyone can take out of Australia is $10,000. Similar restrictions are in place in every developed country.

    mohan perera Saturday, 21 February 2015 12:39 PM

    Why no investigation to find how is got this kind of money?

    Veda-mama Saturday, 21 February 2015 04:48 PM

    CUSTOM OFFICERS ARE DOING A WONDERFUL JOB. CONGRATULATIONS. BUT....IS IT THE END OF THE STORY????

    sss Sunday, 22 February 2015 08:14 AM

    and which countries they are? no country allowed such amount without declaration. especially countries like Sri lanka should not allow this because these foreign money is earned by poor housemaids doing slave labor

    lawry Saturday, 21 February 2015 05:22 PM

    International kumantharana?. A minister with immunity whose bags are not checked can carry any amount of money belonging to any other person too. You should have a machine that detects currency without opening bags. The postal service in some countries detect dollar notes in no time. Especially to rob the money!!!!!!!!!!!!

    janaka Saturday, 21 February 2015 05:57 PM

    Please disclose the name of the business.

    de silva Saturday, 21 February 2015 06:32 PM

    Was he transporting somebody else,s money or how did he collect so much money.

    Richard Saturday, 21 February 2015 07:13 PM

    We need to know what has happened to the confiscated foreign currency. Customs official confiscated money to them selves and become rich quickly and punish the public poorer who walk in and out of customs by asking so many stupid questions, i.e. why do you travel so frequently.

    expat Saturday, 21 February 2015 07:50 PM

    Has he not heard of HAWALA? could have easily taken 18 mil in Saudi LOL.


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