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Informers To Help Beat Currency Racketeers

Received Tuesdav 7.15 p.m. LONDON, Nov. 1. Sir .Stafford Cripps, in an attempt to beat the eurreney- yacketeers and »Tnngglers, announced thai he was prepared to pav informers. He wTas asked to consider this niove to stop people evad ing ihe Exchange Control Act which lian ned money and valuables leaving or entering the country except in small amounts. Sir Stafford said he was preparel in suitable cases to sanction rhe payment of rewards for information which proved of value in detecting or prevent- | ing evasions of the Act. A Treasnry official later explainea ' that the system of rewards was a reg- | ular feature of the Revenue Depart- • ment and it was now felt that the ' Treasurv should adopt it. .

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19491102.2.35

Bibliographic details

Chronicle (Levin), 2 November 1949, Page 5

Word Count
126

Informers To Help Beat Currency Racketeers Chronicle (Levin), 2 November 1949, Page 5

Informers To Help Beat Currency Racketeers Chronicle (Levin), 2 November 1949, Page 5

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