TN customs officials nab man, seize hawala money worth Rs 67 lakh
Hawala money to the tune of Rs 67 lakh has been seized and a man was taken into custody here, Customs officials said Friday.
Acting on a tip-off, the officials stopped a bus bound for Thiruvadanai in the district from Chennai this morning.
They took the man into custody and seized from him the notes in various denominations, the officials said. The money was being transported for a person in Thondi, they said.
Hawala is a method of transferring money without any actual movement.
(With inputs from agencies.)