Abb Takk News

FIA Recovers Rs19mn In Crackdown On Hawala, Hundi

QUETTA: In a crackdown against Hawala and Hundi, the Federal Investigation Agency (FIA) arrested two suspects and recovered more than 19 million rupees ill-gotten money.

FIA Balochistan Director Altaf Hussain said the recovered money included more than Rs9 million foreign currencies, including 58,000 US dollars. The foreign currencies belonged to 15 different countries including Afghanistan, China, Australia and the United States, he said.

“The currencies also included 34,000 Saudi Arabian Riyals and 41,000 UAE Dirhams,” he said.

He said the exchange company held the B-category license. He said the raid was carried out for possession of currencies in more than the allowed quantity.