A 24-year-old Pakistan national, Muhammad Jawad, has been arrested at Chileka Airport in Blantyre after being found in possession of US$270,000 (approximately K143, 100,000) without supporting documents.
Police arrested businessman Jawad owner of Pick and Shop in Limbe as he was trying to leave the country for Dubai.
National police Public Relations Officer, Rhoda Manjolo said in an interview that Jawad was currently in police custody.
Manjolo said Jawad will appear before court soon to answer to the charge of illegal possession of foreign currency.
“He did not have any supporting documents in relation to the money he had in possession, he was therefore arrested,” said Manjolo.
In March this year the Malawi Revenue Authority (MRA) arrested Tushar Vinodrai Lakhani of Lakhani Trading Company for using a fake Customs document to externalize forex amounting to US $39,112.50 contrary to provisions of the Customs and Excise Act (Cap 42:01 of the Laws of Malawi).
Lakhani is suspected to have forged a Customs seal, signature and initials used by an officer of the MRA in November 2014, contrary to section 132 (e) of the Customs and Excise Act.
“Lakhani presented a counterfeit signature and stamps to National Bank of Malawi as evidence for the importation of polyester fabrics from Infinity Trading Company in Dubai in order to externalize forex,” said Raphael Kamoto, MRA Commissioner General.
The suspect is also believed to have used a forged Customs Declaration Form 12, to purportedly deceive National Bank of Malawi to transfer the said amount contrary to Section 135 (d) of the Customs and Excise Act. The fake Form 12 was used to verify payment
for importation of polyester fabrics into the country,” added the statement.