
Raids at Chennai port to combat smuggling of fake currency into India
The Directorate of Revenue Intelligence (DRI) and customs officials conducted raids at Chennai Port to combat the smuggling of counterfeit currency.
The raids began on Friday evening after DRI officials received a tip-off that counterfeit currency, including the new Rs 500 and Rs 2000 denomination notes, had arrived in the country. DRI officials are currently searching Chennai, Tughlakabad, Kanpur, Kolkata and Mumbai after receiving the tip-off.
All cargo is being screened at the Chennai port, with the outbound movement of containers requiring approval from the DRI. Inbound cargo has not been affected, according to Port authorities.
Officials believe that the fake currency was sent to India from either Pakistan, Bangladesh, Sri Lanka, or Nepal. The operations will end only after all containers sent from the aforementioned countries during an unspecified time period were checked by the DRI.
Related Posts
Crackdown on oil smuggling begins
SAN FERNANDO CITY -- The new police chief of the Ilocos Region began a crackdown...
Counterfeit products: Alibaba ‘highly unlikely’ to take proactive steps to end grey/black market
Chinese e-commerce giant Alibaba is highly unlikely to take major steps to shut...
Xiaomi bursts fake Mi Bluetooth Headsets production ring
Xiaomi‘s Legal department has announced the apprehension of a criminal ring that...
HP seized fake products worth Rs 80 crores in India
HP has announced that it was able to seize counterfeit products worth Rs 80...