Five individuals have been arrested in Karachi for their involvement in a money laundering operation, during which authorities recovered a significant amount of local and foreign currency. The Federal Investigation Agency (FIA) State Bank Circle Karachi carried out raids in various locations targeting illegal currency exchange operations. The raids led to the seizure of $4,500, £20,000, and Rs 8,802,250 from the suspects.
The arrests took place in areas near Forum Mall, Khayaban-e-Jami, Clifton, and Faisal Bank Limited Zizmah branch in Karachi. The arrested individuals were identified as Waseem Akram, Mohammad Arsalan, Mohammad Shiraz, Mohammad Adil Shahid, and Majid Iqbal. A case has been registered under FIR No. 25/2024, and further investigations are underway.
In a separate set of operations, the Anti-Narcotics Force (ANF) seized drugs worth over Rs 10 million in four different raids conducted across Pakistan. During these operations, 259 kilograms of drugs were confiscated, and four suspects were arrested, with cases filed against them under the Anti-Narcotics Act.
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In Karachi, ANF officers intercepted a suspect on the Super Highway, recovering 1.2 kilograms of cannabis and 165 grams of crystal meth. The suspect confessed to selling drugs to students in the city’s educational institutions. Another raid in Gwadar resulted in the seizure of 252 kilograms of cannabis intended for smuggling. In Korangi, Karachi, ANF officers recovered 502 grams of heroin.
Additionally, in Lahore’s Anarkali Bazaar, two suspects were arrested after authorities found 4 kilograms of opium and 1.25 kilograms of narcotic pills in their possession.
