Rs.4 mn hawala money seized from bus in Kerala

May 4th, 2008 - 10:06 pm ICT by admin  

Kalpetta (Kerala), May 4 (IANS) The police have seized Rs.4 million ($100 million) in cash, believed to be hawala money, from a private bus here Sunday and took into custody a man called Nasreen, a native of Rajasthan. The bus was coming to Kozhikode from Bangalore. The currency was found hidden under a seat. Nasreen was believed to be carrying the cash.

“The buses plying in this route have become a regular channel to bring hawala money into the state,” said P.S. Gopi, deputy superintendent of police at Kalpetta, the headquarters of Kerala’s Wayanad district.

This is the fifth such seizure of currency in the last five months. The police said most of this money was intended for people in Thamarassery and Koduvalli in the neighbouring Kozhikode district.

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