One arrested, R30m seized in anti-illegal money exchange op
In fresh swoops on money traffickers, the Federal Investigation Agency (FIA) arrested a key suspect and recovered Rs3 million in Karachi, reported the 24NewsHD TV channel.
The FIA special teams conducted the operation on the instructions of the corporate crime circle president.
In the first operation, the officials nabbed a key suspect, named Umair, who came to the Saddar area to traffic money.
The official recovered Rs 1.5 million and confiscated his bike and tech gadgets.
According to the law enforcers, the primary probe resulted in another raid in the Gulshan-e Iqbal area, from where Rs1.5 million and other stuff related to the case were taken.
The investigators believed the arrested person was the front man for Faisal, a key racketeer.
Further investigations are underway, said the official.