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Passenger detained at Hyd airport with foreign currency worth Rs 1 crore

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Hyderabad: An outbound passenger was confiscated with one crore worth foreign currency at the Rajiv Gandhi International Airport in Hyderabad on Friday.

The passenger, who’s identity is not  established, was found carrying euros and dirhams worth over one crore and was flying to Dubai by Air Arabia.

Rules stipulate that a passenger flying can carry currency equivalent only to 5000 US dollars in cash and another 5000 US dollars worth travel cheques and bonds.  The suspect is being interrogated by the Directorate of Revenue intelligence.
 
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