LAHORE CRIME REPORTER
FIA Lahore Zone has intensified its crackdown against illegal currency exchange and hawala/hundi operations. In a major operation, three suspects were arrested and millions of Pakistani rupees were seized.
The arrested individuals have been identified as Abdul Wahab, Muhammad Israr Khan, and Umair. They were apprehended during targeted raids conducted on Brandreth Road, Lahore. According to FIA officials, the suspects were actively involved in the illegal exchange of currency and operating unlicensed hawala/hundi networks.
During the raid, FIA recovered PKR 4 million from Abdul Wahab and Muhammad Israr Khan, while PKR 2.831 million was recovered from Umair. In addition to the cash, officials also seized hawala/hundi receipts and other significant digital evidence from the suspects.
The accused have been taken into custody, and a detailed investigation has been initiated to uncover the full extent of their illegal operations and any potential links to broader money laundering networks.
FIA officials reaffirmed their commitment to eradicating financial crimes and ensuring compliance with Pakistan’s financial regulations.
