Two Indians arrested with foreign currency worth Rs.11mn

1 January 2012 06:36 am

The Fort police arrested two Indians who attempted to smuggle foreign currency worth around Rs.11 million to Singapore.The two men who are residents of Tamil Nadu were taken into custody in Pettah subsequent to their suspicious behaviour.

 They are suspected to have been transporting money on behalf of a wider network of foreign exchange centres that engage in illegal money transfer. The Customs said the foreign currency included US Dollars and Euros. 

 Customs believe that many such incidents have been reported throughout the last two three years.

Customs made the biggest detection in the history of the Bandaranaike International Airport (BIA) when a local was arrested with foreign currency worth Rs.81.76 million when he attempted to smuggle them to Singapore on September 14, last year. (Supun Dias)