FIA arrests accused involved in illegal currency business

KARACHI: The Federal Investigation Agency (FIA) on Wednesday conducted a raid Kharadar Gold Market and arrested the accused involved in the illegal currency  business (Hawala Hundi).

According to Director FIA Nauman Siddiqui, the FIA ​​Commercial Banking Circle took action in the Kharadar Gold Market on the tip-off of the illegal currency exchange (Hawala Hundi).

According to Nauman Siddiqui, during the operation, foreign currency worth Rs. 4.8 million was recovered from the jeweler’s shop, while the accused Bilal Ahmed, who was involved in buying and selling of foreign currencies, and was arrested.

Director FIA said that $13,000, 7,000 dirhams, 6,000 Riyals and 1,000 Canadian dollars were included in the foreign currency recovered while more than 10 million Pakistani currency was also found.

According to Nauman Siddiqui, a mobile phone was also recovered during the operation and the evidence of the illegal currency exchange was found.

Earlier, Federal Investigation Agency (FIA) issued an advisory to stop human trafficking after a gap of 20 years.

A letter has been issued from the FIA H​headquarter to the Deputy Directors of Immigration across the country. Instructions have been given to strictly monitor the passengers of 15 countries, nine cities of Pakistan and two airlines.

The advisory was prepared from an analysis of the Integrated Border Management System(IBMS) database for July-December.