The Federal Investigation Agency (FIA) has maintained its relentlesspursuit of illegal hawala hundi networks in Karachi, yielding significantresults during recent operations. According to a report the FIA’s effortshave led to the recovery of a total of $13,000 in illicit funds, along withtwo vehicles, mobile phones, and benami accounts cheques.
In an official statement, the FIA spokesperson disclosed that theseachievements stem from the arrest of six individuals in two distinct raidsexecuted within Karachi. These operations were part of the ongoingcrackdown against illegal hawala hundi networks in the region.
The initial raid took place in the vicinity of Karachi’s Star Gate area,resulting in the apprehension of five individuals who are alleged to havebeen involved in running an illicit hawala hundi network and engaging inillegal currency exchange activities. Among those arrested were Khurram,Usama, Furqan Ahmed, Muhammad Afzal, and Muhammad Ali. The operation led tothe seizure of $8,000 in cash, as well as the recovery of a vehicle.Additionally, the FIA team extracted incriminating messages related tohawala hundi operations from a mobile phone found at the scene.
Subsequently, a second raid was carried out by the FIA team near MashriqCentre, resulting in the arrest of a key suspect associated with anorganized network. The individual in custody was identified as Amir Majeed.During this operation, $5,000 in illegal funds and a luxury vehicle wereconfiscated. Notably, signed cheques from a benami foreign currency accountwere also discovered in Amir Majeed’s possession. It was revealed that thesuspect had been utilizing this foreign currency bank account for illicitpurposes.
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These developments underscore the FIA’s unwavering commitment todismantling illegal hawala hundi networks and curbing financial crimeswithin Karachi, further reinforcing their dedication to maintaining law andorder in the region.
