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FIA arrests 11 involved in smuggling of dollars abroad.

The Federal Investigation Agency (FIA) on Wednesday arrested 11 suspects over their alleged involvement in smuggling of dollars worth 15 billion rupees abroad.

The FIA banking crime circle in a crackdown against money laundering arrested 11 suspects in Lahore including two people from Karachi. The accused used 50 benami accounts to smuggle US dollars worth 15 billion rupees to various countries, FIA officials said.

The investigation agency arrested two persons Abdul Qadir Memon and Tariq Mehmood aka Baba, who had arrived Lahore from Karachi.

Another accused Noman has been imprisoned in Karachi jail and the matter has been communicated to FIA Karachi, officials said.

The dollar smugglers arrested in Lahore included Asif Rehman Aziz, Bu Ali, Farhat Ali and others FIA officials said.

FIA banking crime circle has registered five FIRs against the accused in Lahore, officials further said.

These bank transactions were made in a period from December 2016 to January 2017, FIA officials said.

Fifty benami accounts used for illegal transactions were opened in name of the people from Karachi.

The accounts were opened in different banks in Lahore with the shipping documents, officials further said. The amounts in these accounts, first transferred from Karachi and then to Dubai, FIA officials said.

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Publication:Pakistan Observer (Islamabad, Pakistan)
Geographic Code:9PAKI
Date:Apr 25, 2019
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