FIA Arrests Eight People For Illegal Currency Exchange
Umer Jamshaid Published January 19, 2023 | 06:56 PM
In a crackdown against currency smugglers and Hundi/Hawala dealers, the Federal Investigation Agency (FIA) Lahore on Thursday arrested eight people from various parts of the provincial capital and recovered huge amount of foreign currency including the US Dollars
LAHORE, (UrduPoint / Pakistan Point News - 19th Jan, 2023 ):In a crackdown against currency smugglers and Hundi/Hawala dealers, the Federal Investigation Agency (FIA) Lahore on Thursday arrested eight people from various parts of the provincial capital and recovered huge amount of foreign currency including the US Dollars.
Addressing a press conference, Director FIA Zone-I Lahore Sarfaraz Khan Virk here at FIA Punjab Zone office said that FIA Corporate Crime Circle Lahore team raided at Sadiq Plaza Mall Road, Nabha Road, Mouj Darya Road and checked more than 50 suspected shops and sealed 22 shops involved in illegal currency exchange without permission of State Bank of Pakistan.
On the special direction of federal government, strict action was underway against currency smugglers and hundi/hawala dealers and 79 people had so far been arrested and 42 cases were registered, he added.
The Director further said that FIA Lahore had recovered a huge quantity of foreign currency including US Dollars, Euros, UAE Dirham and others currency worth 324 million during the last two months.
To a question, he said that FIA was always ready to nab illegal currency dealers and on information, speedy action was being taken, adding that record of license holders was also being checked to control smuggling of foreign currencies.
He lauded the efforts of FIA team and announced to continue crackdown till the arrest of last illegalagent in the provincial capital.
Related Topics
Recent Stories
Rock-solid Ruud racks up season-leading win in Barcelona
At UN, Iran says it will make Israel 'regret' reprisals
G7 hears calls for 'critical' Ukraine aid
EU seeks to leverage might to confront China, US challenge
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
Pak-New Zealand match called off due to rain
NHA restores traffic on roads affected by recent rains in Balochistan
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
U.S. envoy calls on Foreign Minister Ishaq Dar
Poland arrests man over suspected plan to kill Zelensky
EU wants to ease youth movement to and from UK
Police foils attempt of supply mainpuri raw material
More Stories From Pakistan
-
5 Customs officials martyred as their vehicle ambushed by terrorists in D I Khan
6 hours ago -
NHA restores traffic on roads affected by recent rains in Balochistan
6 hours ago -
China to fully support Pakistan's efforts against terrorism: Ambassador Jiang
6 hours ago -
U.S. envoy calls on Foreign Minister Ishaq Dar
6 hours ago -
Police foils attempt of supply mainpuri raw material
6 hours ago -
Govt making efforts to eradicate polio: DC
6 hours ago
-
Parliamentarians hail President's speech as reminiscent of state policy, rebuke Opposition's protest
6 hours ago -
Collective efforts to overcome challenges to education, say speakers at Int'l conference
6 hours ago -
RCB destroys 200 Kg of unhealthy meat
6 hours ago -
Turkish CGS calls on Army Chief, commends Pakistan Army's role in combating terrorism
6 hours ago -
CM directs to prepare wheat purchase plan for next season
7 hours ago -
Participants of management course of WAPDA Administrative Staff College meet Governor
7 hours ago