Indore: The racket worth crores of rupees being sent to China every month from nearby districts was busted. Police arrested the accused and sent them to jail. During this time, there were many big revelations in the police inquiry. In which every month 100 crore rupees were being sent to China in the name of hawala. The police are interrogating the people associated with hawala while taking major action.
The international hawala racket was busted in Indore by the Directorate of Revenue Intelligence (DRI). The Central Investigation Agency raided three places in the city on Friday and arrested the gang involved in hawala business. It is feared that about 100 crore rupees were being sent to China from nearby areas including Indore by illegal means of payment.
Police recovered foreign currencies including one crore rupees
The help of hawala agents importing goods from China and Hong Kong was being taken to make hawala rupees in the market. The main team of the DRI first raided a commercial complex opposite the mall on MG Road.
After this investigation was done in Piplayhana and some other areas. On the basis of initial investigation, some hawala agents were detained for questioning. The DRI also recovered some foreign currency along with about one crore rupees from the whereabouts of hawala operators.
Police action lasted till late night
On getting the link from here, action has been started in Raipur along with Indore. However, the names of hawala-linked firms and operators have not yet been disclosed.
The interrogation and investigation proceedings continued till late night. According to investigative agency sources, many traders in Indore import goods directly from China and other countries.
Merchants changing the labels on goods
These include electronic devices, machines, clothes, shoes, undergarments, and toys. Such items are called in containers from abroad at Dhanad Dryport near Mumbai or at the Mumbai port. Through the booking agents present in China, the value of goods imported into India is shown on the bill only 5 or 10 percent instead of the original price. For this, many times the labels on the items were also changed. Imported goods were paid less tax and duty in proportion to the amount shown on the bill. The rest of the money was sent to the seller and agent of China through hawala.
