DeMon turns 1: Rs 87 cr cash, 2600 kg gold, silver located at airports

The maximum suspect cash detection has been made at Mumbai airport, the highest volume of gold has been interdicted at Delhi's IGI airport.

Update: 2017-11-10 05:28 GMT
The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)
The ED had alleged that Tandon and the other accused in the case 'conspired so that demonetised currency would be collected and deposited in various accounts of the firms which have huge cash in hand, and from those accounts demand drafts in fictitious names would be issued.' (Photo: Representational | PTI)
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New Delhi: Over Rs 87 crore suspect cash, 2,600 kg of gold and other precious metals were intercepted by the Central Industrial Security Force (CISF) at airports in a year since demonetisation, a latest data said.

The CISF, that is tasked to guard 59 civil airports in the country, was alerted by the finance ministry to check the suspicious movement of cash and other high value items in the wake of the demonetisation of the old Rs 500 and Rs 1,000 notes in November 2016. 

As per a data of the CISF, between November 8, 2016 - November 7 - the force detected Rs 87.17 crore suspect cash, 1,491.5 kg of gold and 572.63 kg of silver as part of its airports guarding task, after the note ban was declared.

While the maximum suspect cash detection - over Rs 33 crore - has been made at the Mumbai airport till now, the highest volume of gold (over 498 kgs) has been interdicted at Delhi's Indira Gandhi International (IGI) airport, according to the data.

The highest volume of silver - more than 266 kgs - was detected at the Jaipur airport by the force, it added.

"All these instances and passengers apprehended with these high value items were handed over to the Income Tax Department for further inquiry as per the law," a CISF spokesperson said.

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