Home / currency / Hindustan Times declare : Raids at Chennai port to combat smuggling of fake currency into India

Hindustan Times declare : Raids at Chennai port to combat smuggling of fake currency into India

collected by :Donald Luther

as informed in

The Directorate of Revenue Intelligence (DRI) and customs officials conducted raids at Chennai Port to combat the smuggling of counterfeit currency.
All cargo is being screened at the Chennai port, with the outbound movement of containers requiring approval from the DRI.
Officials believe that the fake currency was sent to India from either Pakistan, Bangladesh, Sri Lanka, or Nepal.
DRI officials are currently searching Chennai, Tughlakabad, Kanpur, Kolkata and Mumbai after receiving the tip-off.
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.

As it stated in

Suggesting that this purported racket supplied fake Indian currency to Pakistan’s Inter-Services Intelligence, it said that the source of the fake currency was in Europe.
Was fake currency pumped into the economy by the Reserve Bank of India during the UPA regime?
However outlandish this question may sound, the new Uttar Pradesh chief minister Yogi Adityanath believes it to be true.
Identifying a foreign company, which it claims was vested with the responsibility by the RBI to print Indian currency, the website says that the company along with an Italian mafia was running the racket of fake Indian currency.
The Hindu Vahini was charged by the police for its part in the riots at Mao district of Uttar Pradesh in 2005.

Hindutva hardliner’s musings on fake currency gains online traction

As it stated in

Ports, containers searched in five cities over fake currency alert

Information indicated that the fake currency originated from Pakistan and may have landed at Chennai, Mumbai or ICD Tughlakabad.
There was an intelligence alert that fake currency was being brought into the country through the container route,” said an official in Delhi.
However, a DRI official refused to confirm any seizure.
“Customs has sent a circular to all its managers at container freight stations in Chennai customs zone asking them to report for duty on Sunday .
“It is part of a nationwide alert, a few other cities have also been alerted,” said another officer.

Ports, containers searched in five cities over fake currency alert

read more
visit us
currency

Check Also

Is China continue keen to develop a sovereign digital currency after block on bitcoin trading? picture-13763-310x165

Is China continue keen to develop a sovereign digital currency after block on bitcoin trading?

Despite showing a tough face to bitcoin in China, Beijing’s interest in grasping the underlying …