FIA arrests Hawala accused, recovers Rs 22,9m.

PESHAWAR -- The Commercial Banking Wing of FIA and Excise Department during a joint action arrested an accused involved in illegal payments of remittances (Hawala Hundi) and money exchange here on Wednesday.

Following instructions issued by the Director FIA KP Zone, Nisar Ahmad Khan, Director Commercial Banking Circle Peshawar, Afzal Khan Niazi and a team of Excise arrested the accused named Fareed Hussain and initiated an investigation against him under Foreign Exchange...

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