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

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

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