Advertisement

HindustanTimes Sun,21 Sep 2014

'Hawala' money seized in Ludhiana, Jagraon

HT Correspondent, Hindustan Times  Ludhiana, May 23, 2013
First Published: 21:34 IST(23/5/2013) | Last Updated: 21:35 IST(23/5/2013)

Enforcement-directorate teams from Chandigarh and Delhi raided two money exchangers in Ludhiana and Jagraon on Thursday and confiscated Rs. 66 lakh and dollars worth Rs. 18 lakh in suspected hawala cash.

Advertisement


The team also seized documents recording transactions worth more than Rs. 100 crore. The squads raided Goyal Forex on the Rani Jhansi road in Jagraon, the exchanger's house, and the office of another exchanger, his nephew, at Ghumar Mandi in Ludhiana. Directorate officer Gurnam Singh said the teams had inputs about hawala money.

He confirmed that the teams had confiscated Indian and foreign currency and some documents from the shops to investigate. The raids were conducted under heavy police security.

comment Note: By posting your comments here you agree to the terms and conditions of www.hindustantimes.com
blog comments powered by Disqus

Advertisement
more from Ludhiana

Agri varsity has done little to popularise Punjabi: Experts

The department of journalism, languages and culture at Punjab Agricultural University (PAU) that was once famous for Punjabi language course has now been limited to just 15 students and two professors.
Advertisement

 
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved