Box of currencies bound for S'pore seized in Chennai; 1 held

Chennai, Aug 20 (PTI): Foreign currencies equivalent to Rs 38.64 lakh have been seized from a Singapore-bound cargo at the airport here and one person has been arrested in this connection, the Customs said on Thursday.

Chennai, Aug 20 (PTI): Foreign currencies equivalent to Rs 38.64 lakh have been seized from a Singapore-bound cargo at the airport here and one person has been arrested in this connection, the Customs said on Thursday. Acting on a tip-off, the Customs personnel checked a carton at the international courier terminal of the airport.

The check yielded 40,000 Great Britain pounds in the denomination of 50s equivalent to Rs 38.64 lakh, a press release said. The consignment was declared as tumblers, steel plates and apparels, it said.

The currencies were seized under the Customs Act and the Chennai-based person, who had booked the cargo, was arrested, the release added..