In a nationwide crackdown against foreign exchange dealers involved in money laundering, the Federal Investigation Agency (FIA) arrested 13 dealers and recovered a large amount of foreign and Pakistani currency from their possession.
Transactions worth more than Rs300 million were found to have been conducted by a single dealer in Lodhran, during a raid on Tuesday.
Interior Minister Rehman Malik had ordered the FIA on Sunday to launch a crackdown on foreign exchange dealers involved in hundi and hawala practices.
FIA’s teams across Punjab raided foreign exchange dealers allegedly involved in money laundering and recovered registers, documents, cheque books and bank records. The raids were conducted in Lodhran, Sahiwal, Kharian, Mandi Bahauddin, Gujrat, Gujranwala and Sialkot.
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