Federal Investigation Agency (FIA) has implicated 20 importers ofreconditioned cars for their involvement in illicit transaction activities.
According to details, the importers, over a period of 7 years, havetransferred more than Rs. 40 billion outside Pakistan through Hawala andHundi.——————————
A number of prominent reconditioned car importers nominated by the FIA havebeen using Hawala and Hundi to transfer billions of rupees outside Pakistan.
Most of the importers made payments to Khalid Solangi Group based outsidePakistan. However, none of the importers maintained any payment record ofthe transactions to Khalid Solangi Group.
FIA has contacted Interpol for the arrest and extradition of Khalid Solangi.——————————
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Besides, FIA also conducted a raid on a residential complex inGulzar-e-Hijri, Karachi.
Director FIA Sindh Zone, Munir Ahmed Shaikh, said that the FIA teamapprehended one suspect for his involvement in Hawala and Hunditransactions.
The raiding team also confiscated huge sums of national and foreigncurrency from the apartment of the suspect.
