PESHAWAR
The Federal Investigation Agency (FIA) has arrested two suspects and recovered Rs30 million in cash during a crackdown against illegal hawala-hundi operations in Peshawar.
According to an FIA spokesperson on Tuesday, the agency’s Commercial Banking Circle Peshawar conducted a raid in Peshawar Saddar and arrested two suspects identified as Dost Muhammad, son of Awal Gul and Nazir Mir, son of Muhammad Amir. During the operation, the FIA recovered Rs30 million in Pakistani currency along with other evidence allegedly linked to illegal hawala-hundi activities. Initial investigations revealed that the suspects were operating the illegal money transfer business without a valid licence or legal authorisation.
