FIA arrests four ‘Hawala’ operators in Multan

MULTAN: The Federal Investigation Agency (FIA) on Thursday arrested four people involved in transactions through illegal Hawala and Hundi method, ARY News reported.

The FIA arrested the accused in Multan and they were identified as Saleem Nawaz, Ajmal, Sarfraz and Abdul Rehman.

According to FIA, foreign currency notes and transaction record were recovered from arrested suspects.

Read: PM Khan directs FIA for comprehensive action against ‘hundi’ business

The case has been registered against the arrested men. Further investigation is underway, said the FIA.

In a similar action on March 23, the Federal Investigation Agency had arrested a man from Karachi’s Manghopir area, who was involved in Hawala and Hundi business.

The commercial banking circle of the FIA had conducted the raid and arrested one suspect. The man who was arrested was running a Hundi business on pretext of his shoe shop.

Receipts of Rs 10.25 million were also found from his possession. FIA said several cheques, including those of benami accounts transactions were also recovered from him.

Last month, the Federal Investigation Agency had arrested two suspects involved in illegal business of ‘hawala, hundi’.

The arrests were made by the FIA team from Sargodha’s ameen market, whereas local and foreign currency was also recovered from their custody.

On December 16, Prime Minister Imran Khan had ordered to launch comprehensive crackdown against ‘hawala, hundi’ business and individuals, buying properties abroad.