Chennai: The sleuths of Chennai Air Customs department on Thursday seized Foreign and Indian currency worth Rs 1.36 crore from three parcels at International Courier Terminal (ICT) at Chennai airport.
In an official press release, Rajan Chaudhary, Commissioner of Customs, Chennai International Airport said the officials based on specific intelligence, that currency was likely to be smuggled out of India through courier mode, three courier parcels destined for Singapore were intercepted at ICT.
Two parcels were declared to contain 15 sarees each, shawls etc were taken up for examination. On opening a carton, as declared sarees were found inside, while on unfolding the sarees, white envelopes were found concealed inside five sarees.
On opening these envelops, 10,000 US Dollars were found inside each saree and a total 50,000 US Dollars equivalent to Rs 37 lakhs was recovered.
On opening the other carton, sarees were found inside as declared and while unfolding the sarees, white envelopes were found concealed in them. 1,86,500 Saudi Arabian Riyals, 4,000 Euros, 25,000 Swiss Franc and 18,000 Singapore Dollar equivalent to Rs 69.5 lakhs were recovered. The total foreign currency equivalent to Rs 1.06 crore was recovered and seized.
In the last parcel, Rs two lakh rupees in denomination of 2,000 were found inside with the face value of Rs 30 lakh Indian currency was recovered and seized. The parcels were booked by two Chennai based persons who were engaged in photography business. Both have been arrested and further investigations were on, he said.