According to ARY News, the Federal Investigation Agency (FIA) on Monday claimed to have arrested a suspect involved in the illegal business of ‘hundi and hawala’ in Lahore.
The FIA team raided an office of a money exchange company in the Gulberg area of Lahore and arrested branch owner Altaf Nomi, according to the details.
Both national and foreign currency was taken from the office by the FIA investigators.
The Federal Investigation Agency (FIA) had earlier this month arrested a suspect in the illegal ‘hawala, hundi’ business.
Anti-corruption officers from Karachi’s DHA Phase-2 Extension made the arrest, which was accompanied by the seizure of both local and foreign currency from the suspect.
It was discovered that the accused had $250,000 in cash and other foreign currency in his possession, according to FIA Director Aamir Farooqi.
In September, the Federal Investigation Agency claimed to have nabbed at least five men in Karachi who the agency said were engaged in money hundi/hawala business (laundering cases).