Foreign exchange dealers close shops, offices against arrests

10 Nov, 2008

All shops and offices of money exchangers remained closed in Multan, Bahawalpur and Dera Ghazi Khan on Sunday. FIA teams raided their hideouts in different cities but no arrest reported.
Director General FIA Tariq Pervez, while talking to newsmen said, "We are searching the partners of top moneychanger firm Khanani and Kalia International who were involved in the unauthorised transaction of $10 billion."
He said that the government would seek Interpol assistance to arrest those culprits abroad who received illegally transferred currency from Pakistan. Claiming it as the biggest ever monetary scandal of the country, FIA said that the government had figured out culprits who transferred billions of dollars abroad illegally and soon the government would take massive action against them both within the country and abroad.
Meanwhile, dollar dealers across the country including dealers at all major airports of country were being strictly monitored, sources said. The FIA has launched a country-wide crackdown against those running the business of 'Hundi' and illegal business of currency transfer.
Assistant Director, FIA, Arif Aiwan arrested two persons, Naimatullah (Manager) and Tariq Mehmood (Cashier) associated with a forex company.
FIA on the directive of federal government arrested some of the persons involved in creating economic crisis in the country after they were identified.
FIA spokesman said, "We have sealed offices of the company all over the country and stationed FIA staff on them." The government has also formed four teams to make more arrests. Officials denied reports that several suspects had been put on exit control list. He said that it was only the start as more raids would be conducted in days to come to curb this illegal business which is harmful to country.

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