New Delhi, Apr 9 (PTI) The DRI today seized Rs 15.75 crore in demonetised Rs 1,000 and Rs 500 notes. Acting on intelligence, the officials of Directorate of Revenue Intelligence (DRI) raided the premises and recovered specified bank notes of old Rs 1,000 and Rs 500 denominations of face value of Rs 15.75 crore, a senior DRI official said. Ten people have been arrested in the case by the DRI, he said. The accused are businessmen dealing in real estate, jewellery and trading, among others, the official said. In this case, the total amount of fine may go up to Rs 78.75 crore.

Source: India Today April 09, 2017 13:07 UTC