Money laundering bid thwarted at Karachi airport

KARACHI: Pakistan Customs and Airport Security Force (ASF) on Wednesday in a joint action foiled a bid of money laundering from Karachi airport and arrested an accused.

As per details, a loader identified as Shaukat Ali was caught raid handed when he was trying to launder money from airport’s international departure.

29,000 dirham, $7,874 and 27, 5000 riyal were recovered from the custody of arrested loader.

Upon information from Shaukat Ali, another man Abdul Sami was also arrested outside the international departure section of the airport.

Further investigation into the matter was underway.

Read more: Ayyan Ali declared proclaimed offender in currency smuggling case

Last week, Federal Investigation Agency (FIA) officials had foiled major bid of money laundering during their latest action carried out in Karachi, where they seized a huge amount of local and foreign currencies.

FIA State Bank Circle officials had foiled a bid to launder money up to Rs26 million during the latest raids conducted in Saddar and I. I. Chundrigar Road areas of the metropolis.

According to reports, local currency up to Rs19.6 million and foreign currency worth up to 6.4 million was seized by the intel agency.