LAHORE: The Federal Investigation Agency (FIA) Khyber Pakhtunkhawa (KPK) on Monday arrested four people allegedly involved in illegal Hawala and Hundi business in Peshawar and Malakand Divisions.
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According to FIA officials, in the four raids it conducted, four accused namely – Usman Shahzad, Tariq Jamel, Muhammad Akram and Khan Muhammad were arrested.
Pakistani currency amounting to millions of rupees, receipts of Hawala and Hundi, while foreign currency – 4450 Saudi Riyal, 50 Pound Sterling, 1000 Euros and 3300 Afghani currency – were also recovered from the possession of the accused.
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FIRs under Foreign Regulation Action 1947 and Anti-Money Laundering Act 2010 have been registered against the accused.
