Two arrested in Hawala-Hundi case

FAISALABAD: FIA Sahiwal, during an operation at the Harappa toll plaza, arrested two accused involved in hawala-hundi and illegal currency exchange and recovered Rs54.04 million.

According to a spokesperson, heavy cash, two mobile phones and a Chery car were recovered from the arrested accused Muhammad Awais and Muhammad Naeem. The accused could not produce a licence or permit for foreign currency exchange and hawala-hundi business.

FIA registered a case under the Foreign Exchange Regulation Act and relevant sections of the Pakistan Penal Code and started further investigation.