Mohali: Himachal man found carrying Rs 27.50 lakh
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A Himachal Pradesh resident was intercepted with unaccounted cash to the tune of Rs27.50 lakh here today.
The person has been identified as Pritam Singh, a resident of Baddi. The vehicle in which he was travelling was intercepted on a naka at the Hotel Franco light point near Phase 1 in Mohali.
Phase 1 SHO Shivdeep Brar said there were four persons, including two women, in the vehicle. They claimed that some of the cash was the rent money of a hotel and they were coming from Kasol near Bhuntar (HP).
After the Model Code of Conduct comes into force, the Election Commission of India guidelines mandate that a person need to have valid documents for carrying cash above Rs50,000. If the seized amount is above Rs10 lakh, the Income Tax Department will be involved in the case.