Rs.8.8 million hawala money seized in Kerala

February 19th, 2008 - 7:24 pm ICT by admin  

Kozhikode (Kerala), Feb 19 (IANS) The police seized Rs.8.8 million from a car and arrested two persons Tuesday. The Skoda car was intercepted at Chipplithodu, on the Bangalore-Kozhikode national highway, about 50 km from here, following a tip off.

The unaccounted money is suspected to be part of hawala deals, which are rampant here.

“The currency was found concealed under the car’s stereo system,” said P.C. Sajeevan, circle inspector of Thamarassery police station, who led the search operation.

Two persons in the car, Siddique and Faisal, were taken into custody. “The Skoda car belonged to a person near Thamarassery and we are questioning the arrested persons,” the police official said.

The police Sunday had seized Rs.1.2 million from two persons in Vatakara, 40 km from here.

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