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Russian customs prevents 1.5 tonnes of coins from entering Estonia

Russian customs prevents 1.5 tonnes of coins from entering Estonia

MOSCOW: A foreigner of unspecified citizenship tried to take 25-ruble and 10-kopek coins with a total worth of 4.19 million rubles or approximately 61,200 euros out of Russia, Interfax reported, referring to the Kingissepp customs office.

“The 25-ruble coins depicted the emblem of the football World Cup and the text “FIFA World Cup Russia 2018″ and the total weight of the coins was 1.5 tons. The 10-kopek coins depicted Saint George on horseback while killing a dragon and the total weight of those coins was 7.5 kilograms,” Interfax said.

The owner of the coins told the Russian customs officials that they bought the coins to invest them and planned to store them in Tallinn and realize them with a benefit after the start of the summer World Cup. The owner had acquired them by buying them officially from Moscow banks.

An administrative proceeding was launched against the foreigner on the basis of the section concerning illegal currency transactions as the man should have presented documents concerning the purchase of the coins but he did not have the documents.