FIA arrests two over hundi-hawala, seize $ US22,500Breaking

January 19, 2024

The Federal Investigation Agency (FIA) arrested two accused of hundi-hawala business and seized foreign currency worth million of rupees. According to FIA officials, operation against accused involved in illegal currency exchange was conducted near Civil Hospital Karachi. During operation, two accused identified as Muhammad Javed and Yaseen involved in hundi-hawala, illegal currency exchange and without licence foreign currency exchange, were arrested. The FIA recovered 22,500 US dollars, found messages regarding hundi-hawala from cell phones of detainees besides registers containing recovery of illegal business. The detainees were being investigations and search for their other accomplices was underway.

Credit: Independent News Pakistan (INP)