The Federal Investigation Agency (FIA) Commercial Banking Circle, during an operation today, arrested a person allegedly involved in illegal money transfer and recovered 2 million rupees in cash.
The accused has been identified as Muhammad Ali, who was taken into custody for his alleged involvement in the illegal Hawala/Hundi business.
In addition to the large amount of cash, a mobile phone and other evidence related to illegal financial transactions were also seized from the arrested person.
A formal investigation into the matter is underway, and law enforcement officials are conducting raids to arrest other associates connected to the network.