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Man arrested while trying to smuggle foreign currency to Dubai

A Customs official said they intercepted Mohammed Arab when he was about to fly to Dubai.

Income Tax Department, Black Money, black money data relseased, International Consortium of Investigative Journalists, the 'Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, HSBC accounts, Latest news, Black Money recovery news, India News
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The Air Intelligence Unit (AIU) of Mumbai Customs on Wednesday arrested a person who was allegedly trying to smuggle foreign currency notes to Dubai. A Customs official said they intercepted Mohammed Arab when he was about to fly to Dubai.

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“Examination of his hand baggage led to recovery of 1,59,000 UAE Dirhams, 6,000 Saudi Riyals and USD 20,000, altogether equivalent to Rs 43.15 lakh,” the official said. The notes were concealed in a specially created cavity inside a book. They were seized under the Customs Act and FEMA.

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