A three-person gang engaged in illicit money exchange was apprehended during the operation, which took place in Karachi’s Gulshan-e-Iqbal neighborhood and was overseen by the Deputy Director Commercial Banking Circle, according to an FIA spokeswoman.
Munawar Hussain, Muhammad Zubair, and Muhammad Asif were the accused. During the operation, FIA agents took mobile phones and a significant quantity of cash, including $900 and Rs 1,730,000.
The FIA arrested the accused because they did not comply with the authorities with the cash that was taken from them.
In the meantime, texts pertaining to Hawala Handi transactions were discovered by the authorities on the accused’s detained cell phones.
However, in order to apprehend further suspects in this case, FIA officials are conducting raids.
