LAHORE: The Federal Investigation Agency (FIA) Faisalabd on Thursday arrested a proclaimed offender for defrauding people.
According to the FIA spokesman, accused Rana Muhammad Siddique Khan, a resident of Mansoor Abad Faisalabad, received Rs 4.147 million from different people for sending them for Hajj and Umra.
He committed fraud with at least 200 people, said the police sources. Further investigation was under way.
Pakistan’s Liquid Foreign Reserves increase KARACHI: The total liquid foreign reserves held by the country stood at US$ 20,052.9 million on October 13. This was announced by the State Bank of Pakistan (SBP) here on Thursday. It said that the break-up of the foreign reserves position is as under: i) Foreign reserves held by the SBP: US$ 14,157.6 million ii) Net foreign reserves held by commercial banks: US$ 5,895.3 million iii) Total liquid foreign reserves: US$ 20,052.9 million.
During the week ending 13 October 2017, SBP’s reserves increased by US$ 370 million to US$ 14,158 million due to official flows, the SBP statement added.
