DG KHAN: Pakistan Rangers Punjab arrested a group of individuals involved in ‘Hundi, Hawala’ business and seized Rs 30million cash from their possession, said Inter-Services Public Relations (ISPR) in a statement issued on Thursday.
According to ISPR’s statement, the group of individuals was nabbed by Rangers personnel at a joint checkpost in Dera Ghazi Khan’s Ghazi Ghat.
The cash was hidden in a rucksack placed inside the car used by the suspects. The arrestees were said to be hailing from Swat, Khyber Pakhtunkhwa and Dera Ghazi Khan in Punjab.
The suspects have been handed over to Federal Investigation Agency and police for necessary legal action, the statement reads.
In a separate action of FIA on December 7, in Karachi, two suspects involved in ‘hundi, hawala’ business were nabbed.
According to FIA officials suspects namely, Shakeel Jaffrani and Noman were arrested from city’s area of Bolton market. “The arrested suspects were not having documents showing transfer of money through legal channel,” the FIA officials said.
Pay orders, deposit slips and other material was recovered from the custody of the arrested suspects while case has been registered against them.
It is pertinent to mention here that Financial Action Task Force (FATF), in August, gave Pakistan 15 months to fulfill its requirements, with the deadline set to expire in September 2019.
The FATF identified at least least 27 deficiencies pertaining to currency smuggling, hawala, and terror financing of proscribed outfits. A National Action Committee was accordingly formed to deal with the issue.
