Four trucks carrying more than 150 bags of cash seized in Mumbai
Moneylife Digital Team 02 July 2013

Each truck with 15 people on board was carrying around 35 bags, allegedly stuffed with cash and valuables

Four trucks carrying over 150 bags of cash and other valuables have been seized by the investigating wing of Income Tax (I-T) department and National Investigation Agency from outside Mumbai Central Railway Station.

 

The amount of the seizure is yet to be ascertained and NIA officials are probing the money trail.

 

The trucks seized on Monday night, after a tip-off received by the NIA, were on their way to Gujarat, I-T officials said on Tuesday.

 

"Four trucks containing more than 150 bags have been seized and around 40 people have been detained," they said.

 

According to sources, each truck with 15 people on board was carrying around 35 bags, allegedly stuffed with cash and valuables.

 

I-T officials said that so far, 50 bags containing cash have been scrutinised and they are looking into the contents of the remaining.

 

Prima facie the cash appears to be part of a hawala transaction, to be carried to Gujarat from Mumbai, they said.

 

While I-T sleuths impounded the truck and bags, NIA picked up the occupants, who were supposed to board a train to Gujarat with the bags.

Comments
Rajaram
1 decade ago
Send the seized cash to Uttarakhand for relief to flood victims.
S BHASKARA NARAYANA
1 decade ago
I request the Income-Tax authorities to suitably reward the tip-off person(s) his due percentage share of the amount of the seizure, as the rules permit.
Anil Agashe
1 decade ago
Mumbai to Gujrath? Are Congress and BJP tying up in swindling?
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