new zealand customs dog sniffs out rmb stash bound for hong kong
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

New Zealand Customs dog sniffs out RMB stash bound for Hong Kong

Egypt Today, egypt today

Egypt Today, egypt today New Zealand Customs dog sniffs out RMB stash bound for Hong Kong

Senior Customs Officers
Wellington - XINHUA

New Zealand Customs officers said Tuesday they have seized 700,000 Renminbi (113,644 U.S. dollars) from a man who was attempting to smuggle the cash out of the country to Hong Kong.
Auckland man Xiaosheng Yu, 59, was convicted in Auckland District Court Tuesday of attempting to take the cash out of the country without declaring it.
He was fined 800 NZ dollars (653 U.S. dollars) and forfeited the cash, said a statement from Customs.
Yu was about to board a flight to Hong Kong at Auckland Airport on Nov. 13, 2012, with his wife and a friend, when a Customs cash detector dog sniffed cash in his wife's carry-on bag.
It was the first time a cash detector dog had made such a find in New Zealand.
A baggage search of the trio revealed newspaper-wrapped bundles of cash in two carry-on bags, and more in a checked-in suitcase.
When interviewed, Yu explained through a translator that the money was his legal income in China, and would be used to pay a mortgage on a property in Hong Kong.
Yu had brought the money to New Zealand over a number of years and admitted at times he had not declared the cash as it made things difficult because he didn't speak English, and it would also cause Customs to check on him every time he traveled.
Customs manager investigations Maurice O'Brien said everyone was legally required to declare cash of 10,000 NZ dollars (8,161 U. S. dollars) or more regardless of currency or form.
"It's not illegal to carry large sums of cash but it must be declared so we can verify that the money is legitimate and for legitimate purposes," O'Brien said in the statement.
"Movement of cash can and has been linked to money laundering and organized crime this is why we treat the matter so seriously. Those who don't declare their cash face prosecution, and/or lose their money on top of it," O'Brien said.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new zealand customs dog sniffs out rmb stash bound for hong kong new zealand customs dog sniffs out rmb stash bound for hong kong



GMT 07:30 2015 Thursday ,09 April

India court convicts ex-Satyam chief

GMT 02:19 2012 Sunday ,22 January

Dior VIII Wristwatch

GMT 12:03 2013 Saturday ,21 September

Rock Beauty unveils new Nail Rockits

GMT 11:08 2017 Friday ,24 November

President Sisi had busy schedule last week 5 Cairo

GMT 12:42 2012 Wednesday ,29 August

Jessica Alba dons lighter hair

GMT 12:33 2017 Monday ,29 May

Iraqi Writers Union nominates

GMT 10:24 2012 Friday ,13 April

High-pressure preschools: how much is too much

GMT 15:37 2017 Friday ,03 February

Advertisers eye winning Super Bowl strategy

GMT 11:20 2017 Wednesday ,15 February

Reunions abound as Man Utd tackle Saint-Etienne
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday