Islamabad / Rawalpindi: During the raid on the FIA officials during the crackdown on currency smugglers, the accused opened direct fire in which luckily the officials were unharmed.
FIA’s crackdown on illegal currency exchange, handi reference scam and dollar hoarding is ongoing.
FIA raided Pracha Traders in Raja Bazar Rawalpindi and arrested 4 suspects and recovered domestic and foreign currency, while FIA went for raid on the information that currency was stored in a house in Sector F6 of Islamabad. The IA team faced stiff resistance and the accused also opened fire from inside the house in which luckily the personnel were unharmed.
FIA continues to crack down on illegal currency trading, handi quoting and dollar hoarding elements across the country to curb the artificial shortage of dollar, price hike and depreciation of the rupee. .
A team led by Assistant Director of FIA Commercial Banking Circle Islamabad, Mehek Gul, raided the shop of Pracha Trader, said to be the brother of the central president of Central Anjuman Tajran, at Raja Bazaar in Rawalpindi and found illegal currency exchange. 4 suspects involved, Abdul Rehman Paracha, Bilal Kaleem, Taseef Ahmad, and Mohammad Naveed were arrested and recovered domestic and foreign currency worth Rs.30 lakh.
Officials said that the accused could not satisfy themselves with regard to the recovered currency and were doing money exchange business without a license. A case has been registered against the accused under the Foreign Exchange Regulation Act while raids are being conducted to arrest the other accused.
On the other hand, in this regard, the Central President of the Central Association of Traders said that the brothers are doing business in prize bonds, but they have given a portion of the shop on rent, where the tenant may be doing currency exchange business, on the basis of which the FIA took action. .
On the other hand, the second team of the FIA raided the F6 area of Islamabad along with the Islamabad Police for searching with a warrant on the information of illegal hoarding of currency, when the team faced severe resistance and the accused Direct firing started on the FIA team from inside the house.
According to police officials, a bullet hit the jacket of an Islamabad police official who was safe. The spokesperson of Islamabad Police said that raids are being conducted to arrest the accused.
According to the statement, 63 accused were arrested during the raids and 49 cases were registered against those who illegally smuggled Hindi currency and currency while 11 inquiries were also registered.
9 more cases were also registered after these allegations were proved in the inquiries. According to the police officials, during the crackdown against those doing illegal business of currency and currency, a total of 1 lakh 6 thousand 800 US dollars was recovered from August 15, and other foreign currencies worth more than 23 million rupees were also recovered. A total of more than 154 million rupees worth of foreign currency has been recovered during the raids in about 26 days since August 15.
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