Two Held For Hawala-hundi, Illegal Currency Exchange
LAHORE, (APP - UrduPoint / Pakistan Point News - 2nd Oct, 2026) The Federal Investigation Agency (FIA) Commercial Banking Circle Lahore arrested two alleged hawala-hundi operators during a raid and recovered Rs3.062 million in Pakistani Currency along with foreign currency and other evidence on Friday.
An FIA spokesperson stated that the suspects, identified as Zohaib and Awais, were allegedly involved in hawala-hundi and illegal currency exchange. They were arrested during a raid in Lahore, and Rs3.062 million in Pakistani currency was recovered from their possession. British pounds, UAE Dirhams, cheque books, prize bonds, and mobile phones were also seized, along with evidence related to hawala-hundi and illegal currency exchange.
The FIA arrested the suspects and initiated an investigation into their alleged involvement in these illicit financial activities.