FIA cracks down on money launderers in Quetta
- By Web Desk -
- Mar 29, 2019
QUETTA: The Federal Investigation Agency’s (FIA) commercial banking circle on Friday cracked down on ‘Hawala’ and ‘Hundi’ operators in Quetta, ARY News reported.
FIA Balochistan Director Altaf Hussain told the journalists that the agency had detected transactions worth Rs7.9bn transactions in eight bank accounts of two suspects.
He said that two suspects, Ashraf Ali and Habibur Rahman made transactions worth Rs Rs7.9bn undercover of fresh and dry fruit business in eight accounts. The official said that the agency registered cases and initiated investigations against the suspects.
He said that FIA frozen their accounts, which he said that used in money laundering.
The FIA official said that the agency conducted raid at an office located at Chobar Mill Road and seized cheque books, bank slips and other documents.
He said that in another raid, a suspect, Ghulam Muhammad, involved in illegal ‘Hawala’ and ‘Hundi’ business was arrested in Quetta.
Read More: FIA arrests four ‘Hawala’ operators in Multan
Earlier, the Federal Investigation Agency (FIA) on March 28, had arrested four people involved in transactions through illegal Hawala and Hundi method.
The FIA had 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 had been recovered from arrested suspects.