FIA returns payments from Khanani, Kalia scam

Express April 16, 2010

LAHORE: The Federal Investigation Agency (FIA) has started remitting payments to those affected by Khanani and Kalia money laundering scam.

After receiving orders from Banking court in Lahore, the FIA Regional Director Azam Joya held a ceremony to give the payments. About Rs 10 million were given to at least 29 people during the ceremony held at FIA headquarter of Punjab.

The accounts of the money changer company have also been reopened while the remaning payments will be given during the second phase.

Javed Khanani and Munaf Kalia were arrested on November 7 in the year 2008 in a crackdown by the FIA’s Crime Circle Wing for illegally transferring 10 billion dollars outside Pakistan.