LAHORE MIRROR — The Federal Investigation Agency’s (FIA) Commercial Banking Circle hasseized a sizeable amount of foreign and local currency at an under-construction residential property in Rawealpindi’s Shamsabad.
The raid is part of the nationwide operation against hundi and hawala businesses by exchange companies.
The FIA’s operation was followed by some solid evidence collection regarding illicit trading activities. A subsequent raid in Rawalpindi targeted a house, leading to the seizure of 13 computerised iron lockers consisting of substantial sums of foreign and local currency in cash.
Officials took two individuals into custody in connection with these operations.
