At least 40 people have been arrested by the Federal Investigation Agency in Peshawar, Pakistan. They were all involved in hundi and hawala.
LAHORE: The Federal Investigation Agency (FIA) Peshawar has detained at least 40 people in Khyber Pakhtunkhwa (KP) in connection with the illicit money exchange industry.
According to Deputy Director Afzal Khan Niazi, three individuals were apprehended by FIA Peshawar teams on Friday during three different searches. He said that receipts for unlawful hundi/hawala transactions totaling around Rs3 million were seized from their custody.
He said that between January and March 2022, the FIA Peshawar detained over 40 people and seized millions of rupees from their hands as a result of this unlawful activity in the province. When he spoke, he said that steps will be taken to stop the country from stealing money.
On January 25, the Corporate Banking Circle (CBC) of the Federal Investigation Agency (FIA) Peshawar carried out three separate searches and detained three people for their participation in illicit cash exchanges, hawala, and hundi.
Zakeriya, Haji Sawab, and Muhammad Zubair are among the suspects. A hundred thousand rupees were seized from their possession. According to authorities, three separate charges have been filed against the people, and more investigations are still going on.
In all, FIA Peshawar arrested 37 individuals in 34 raids in December 2021 for suspected participation in money laundering and hawala hundi business.
