NEW DELHI, Jan 9: The Directorate of Revenue Intelligence today claimed to have busted an international hawala racket after arresting two people, including a woman Jet Airways employee who was allegedly try- ing to smuggle out foreign curren- cy worth over Rs 3 crore. The DRI officials intercept- ed the Jet Airways flight atten- dant when she had boarded a plane that was scheduled to take off for Hong Kong yesterday, the agency said in a statement. "During examination of her checked in and hand baggage, USD 4,80,200 wrapped in alu- minium foil having a market value of Rs 3.25 crore, has been recovered," it said. During interrogation, it came to light that the woman was part of a major international hawala syn- dicate and has carried foreign cur- rencies several times for a Delhi- based hawala operator, who was also arrested from here, it said. The employee was identified as Deveshi Kulshrestha and the alleged hawala operator as Amit Malhotra, a resident of Vivek Vihar area in Delhi, a senior DRI official said. He said Malhotra used crew members for smuggling foreign currency. The official claimed that Malhotra would collect money from some bullion dealers in Delhi and send it to select for- eign destinations using a flight attendant. The money was being used for purchasing gold abroad and later sent to India illegally, the official said. Both Kulshrestha and Malhotra were produced before a designated court which remanded them to two days of judicial custody. They will be produced before a Metropolitan Magistrate on January 11. Malhotra had befriended Jet Airways crew six months ago during a flight to India, he said. The DRI has recovered Rs 3.3 lakh in cash, and foreign currencies of different countries worth USD 2,500, besides sev- eral incriminating materials from Malhtora, the official said. In a related development, Bombay Stock Exchange and National Stock Exchange have sought clarification from Jet Airways on the matter and the response from the airline is awaited. (PTI) WEDNESDAY, JANUARY 10, 2018 (PAGE 16) DAILY EXCELSIOR, JAMMU Stainless Steel Railings, Aluminium Doors, Windows and Partitions, Gypsum Ceilings, Modern ACP, PVC Panels, Front Elevation FOR SHOWROOMS Contact: 9086364242 JAMMU MOST TRUSTED MARRIAGE BUREAU ASHIRWAD VIVAH ALL KINDS OF CASTE BRAHMIN, MAHAJAN, KHATRI, RAJPUT, SIKH, KASHMIRI PANDIT AND OTHER DIV OR CEE & WIDOW ALSO A V AILABLE ADDRESS-PLOT NO. 477, SECTOR-3 CHANNI HIMMAT, JAMMU MOBILE: 7889635161 ELECTION NOTICE Nominations on the prescribed forms are invited from the permanent members of the club for election to the Executive Committee for a period of 2 (two) years scheduled to be held on 4-2-2018. The nomi- nation forms for the contesting candidates shall be available at the CLUB RECEPTION free of cost. The schedule shall be as under:- 1. Last date for filing of nominations 19-1-2018 upto 5.00 PM 2. Last date for withdrawal 24-1-2018 upto 4.00 PM of nomination 3. Polling 4-2-2018 (Starting from Conclusion of AGM upto 7:00 PM). Nomination forms duly filled shall have to be accompanied by Rs.6000/- as security deposit either in the shape of DD or in Cash. Sd/- (Vinod Sharma) Dated : 9-1-2018 Returning Officer AMAR SINGH CLUB (REGD.) BIKRAM CHOWK, JAMMU Bhartiya Vidya Mandir, High School Bhaderwah Recognized by J&K Govt. & Affiliated to JKBOSE Run By: Bhartiya Shiksha Samiti, J&K Regd. Congratulates Students their Parents & Staff for Achieving Excellent Results in 10th class Examinations 2017.(Winter Zone) Our Toppers who Achieved Positions Anoop Manhas 489/500 Parul Manhas 471/500 Avinash Kotwal 467/500 Distinction Holders 1. Vaneet Sharma 436/500 5. Shallu Devi 405/500 2. Kajal Devi 419/500 6. Anand Gupta 413/500 3. Yogeshwar Singh 415/500 7. Shivam Katal 407/500 4. Shivanjali 415/500 8. Anika Koul 407/500 Koshal Zutshi Santosh Kotwal President School Management Committee I/C Principal with all members Jet Airways crew member arrested with Rs 3 cr foreign currency