Korean attempts to smuggle S$40,000; fined Rs.18 mn

A 45-year-old Korean was arrested by Customs officials at the Bandaranaike International Airport (BIA) early this morning while he was attempting to smuggle 40,000 Singapore Dollars’ worth Rs. 4.3 million to Korea.

Preliminary investigations had revealed that the suspect, a businessman residing in Sri Lanka had smuggled similar currencies to Korea on a regular basis.

The currencies were confiscated and the suspect was fined Rs.18 million. (T.K.G. Kapila)