FIA arrests suspect involved in illegal currency exchange, confiscates $15,300

The Anti-Corruption Unit of the Federal Investigation Agency (FIA) has apprehended a suspect involved in illegal currency exchange during a raid in Karachi on Sunday.

According to Express News, FIA Director General Ahmed Ishaq Jehangir directed crackdowns against individuals involved in informal money transfer and illegal currency exchange.

The Karachi Anti-Corruption Circle arrested the accused, Ghulam Muhammad, from Clifton for operating without a license. During the raid, $15,300 along with records related to illegal currency exchange were recovered from the suspect.

The suspect failed to provide satisfactory information regarding the source of the recovered currency. An investigation has been initiated while further raids are underway to apprehend other suspects involved in similar activities.