May 18, 2017 2:05 PM

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CIB of Nepal arrests 15 persons with demonetised Indian currency worth Rs 2.15 cr

The Central Investigation Bureau, CIB of Nepal has arrested 15 persons with demonetised Indian currency worth 2.15 crore rupees. A special team of CIB raided a house in Kathmandu and recovered old Indian notes of 500 and 1000 worth amounting to 98 lakh rupees on Tuesday. <br/><br/>In another case more than 1 lakh 16 thousand in old 500 and 1000 currency were confiscated from a car parked outside a hotel in Kathmandu. Police has also seized 20 mobile phones and 3 cars from the arrested persons. A senior CIB officer told AIR that acting upon a tip off, Bureau carried out the raids and arrested 15 persons for smuggling demonetised Indian notes to earn profit by exchanging them with Nepalese currency.

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