EghtesadOnline: A man has been arrested for smuggling $38,000 from Afghanistan to Iran, an Afghan official said on Tuesday.
The cash was being carried to the neighboring country in a cement truck, said Jelani Farhad, a spokesman for the border province of Herat, Afghanistan’s 1TV reported. The discovery was made at the border, he said. A total of 50 people have been arrested for smuggling currency to Iran at Islam Qala border crossing over the past three months, the official said. According to the TV channel, millions of dollars are smuggled daily across the Afghan-Iran border after the US reimposed sanctions on Iran in August. Iranian authorities, however, do not consider the act as smuggling, as the Central Bank of Iran recently authorized the import of foreign exchange and gold into the country without any restrictions, as long as anti-money laundering regulations are observed, Financial Tribune reported.