PESHAWAR: In a recent operation led by the Federal Investigation Agency (FIA) in Peshawar, illegal currency exchange offices were targeted, resulting in the apprehension of two suspects, Hazrat Bilal and Waqas.
Acting on the directive of FIA’s Deputy Director, Rizwan Shah, the raids focused on various currency exchange offices in Peshawar Saddar.
During the operation, a substantial amount ranging from two to four million rupees, along with documents linked to money laundering, were seized from the aforementioned suspects. Following their apprehension, Hazrat Bilal and Waqas have been detained, and legal proceedings have been initiated against them.
This development comes on the heels of a similar crackdown by the FIA last week in Saddar, where two suspects were detained, and foreign currency alongside illicit documents were recovered.
It is noteworthy that Pakistan is actively working towards enhancing its economic landscape. As part of these efforts, combating illegal currency exchanges has been a priority, contributing to a significant improvement in the official currency exchange rate within the country.
