Six people, arrested for allegedly possessing Tk 1 crore unauthorised local and foreign currencies, were granted bail yesterday.

The accused are Mohammad Zakir Hossain, Saifuddin, Tobarak Hossain, Abu Nasar, Mohammad Hanif and Jahangir Alam Mollah.

Mohammad Mojibur Rahman of the First Additional Chief Metropolitan Magistrate's Court, Dhaka granted bail upon a bond of Tk 40,000 with two guarantors.

Rapid Action Battalion (Rab) raided 11 money exchange firms at Purana Paltan in the city on November 30 last year and seized some Tk 1 crore in what it claimed were unauthorised local and foreign currencies.

Rab raided the money exchange firms as a section of moneychangers possess amounts of money higher than permitted, according to FIR.

Plainclothes Rab raided Shokh Shopping Complex in the area at about 3:00pm on information that a gang at the market is involved in laundering and currency smuggling in the guise of moneychangers.

They raided Bakiul Money Exchange, Alam Money Exchange, Shirin Enterprise, Hoque Money Exchange, New Janata Money Exchange, Meximco Money Exchange, Chawkbazar Money Exchange, Eastern Union Money Exchange, Puff Money Exchange, Neutral Money Exchange and Kamrul Money Exchange.

Later, Rab Sub-Inspector (SI) Enayet Hossain filed a case against 12 people with Motijheel Police Station the same day.