Indian businessman held with foreign currency worth over Rs. 40 million in Lanka

Date:

The man, who has not been identified, was arrested on Sunday by security officials at the Bandaranaike International Airport (BIA), Daily Mirror Lanka reported.

A 45-year-old Indian businessman has been arrested from the international airport here for attempting to smuggle foreign currency worth over ₹40 million out of Sri Lanka, according to a media report on Monday.

The man, who has not been identified, was arrested on Sunday by security officials at the Bandaranaike International Airport (BIA), Daily Mirror Lanka reported.

He came to Sri Lanka for business.

Following a search of his suitcase, the security officials found 117,000 Canadian dollars and 19,000 Euros worth over ₹40 million, the report added.

Security officials checked the passenger’s baggage after he behaved in a suspicious manner. The officials observed that the passenger was visiting a toilet at the airport departure passenger terminal several times in a short period of time, the Daily News Lanka reported.

He was to board an Indigo flight bound for Chennai.

The passenger and his consignment of foreign currency were handed over to the customs officials at the airport for further investigation.

The foreign currency had been confiscated while the passenger was ordered to pay a fine of Rs.10,000, the report said.

Hindustan Times

Share post:

spot_imgspot_img

Popular

More like this
Related

Breaking News: Venezuelan Politician Maria Corina Machado Awarded 2025 Nobel Peace Prize

Venezuelan opposition leader Maria Corina Machado has been awarded...

Ban the Bag? Lessons from Britain—and Sri Lanka’s Reality Check

By Roger Srivasan Introduction I was born in the Northern part...

Dhammika part sells ComBank stake for Rs. 5.5 b

Business leader Dhammika Perera yesterday part sold his stake...

Colombo Port Achieves Record Profit in 2025 amid Strategic Expansion

The Port of Colombo has reported a record net...