LAHORE: The Federal Investigation Agency (FIA) has arrested an accused involved in money laundering and illegal exchange of business.
According to a spokes person of FIA upon instructions of Dr Usman Anwar Director FIA, a raid was conducted under the supervision of Deputy Director Jamil Ahmad Khan Mayo of FIA Corporate Crime Circle. The raiding team comprising Muhammad Aman Ullah Khan AD and Muhammad Ishfaq Shafqat Jabbar raided at M/s Baba Trading Mustafa Centre Shah Alam Lahore where a person namely Arfaat Khan was found involved in illegal business of hundi/hawala. He was sending money abroad without taking permission from State Bank of Pakistan.
FIA confiscated Pak Rs.425500, receipts, ledgers regarding hundi, hawala that was recovered from his possession.
FIA authorities after registering a case of money laundering against accused Arafat Khan son of Faqir Khan shifted him to unknown place for further investigations.
