The teams seized records, foreign currency and millions of rupees in cash from the two outlets as they had been operating without a license, FIA Director Fakhar Sultan said. On April 12, the FIA had seized Rs420m rupees form hundi and hawala dealers in Karachi. On April 10, the FIA had arrested one suspect in Rawalpindi and seized foreign currency worth a million rupees and more than Rs4m. On April 7, the FIA had seized currency worth Rs40m and arrested three people in Lahore. Six teams were constituted by the FIA, which carried out raids simultaneously at all money exchanges in Lahore and inspected their records.

Source: Pakistan Today April 18, 2019 08:16 UTC