FIA detains man for illegal money transactions

A Federal Investigation Agency (FIA) team detained on Friday a man accused of involvement in hawala and hundi as well as money laundering. They seized foreign currency, gold and other items, collectively worth Rs1.5 million, from him.

According to the FIA, Abdul Jabbar Memon, was affiliated with an international crime network.

Later, on his indication, officials found 13 kilogrammes of gold and cash comprising US dollars, British pounds, Saudi riyals, UAE dirhams, Turkish liras, Thai baht, Malaysian ringgit and Polish zloty from an apartment, they said.

Published in The Express Tribune, September 26^th, 2020.