It is to be kept in mind that FIA and other security agencies are in full swing to counter the money laundering specially after the recent money laundering case of Model Ayyan Ali. The Federal Investigation Agency (FIA) raided the Karachi Stock Exchange in Pakistan yesterday. Sources say that millions in local and foreign currencies were recovered in the raid, and that the money was being sent abroad through Hundi, which is an illegal method of transfering money; two employees have been arrested. According to a report by Reuters, the raid took place at around 4pm on Friday when Pakistani police seized about $US1 million ($A1.27 million) worth of assets from the exchange building.
The Federal Investigation Agency (FIA) raided the Karachi Stock Exchange in Pakistan yesterday. Sources say that millions in local and foreign currencies were recovered in the raid, and that the money was being sent abroad through Hundi, which is an illegal method of transfering money; two employees have been arrested. According to a report by Reuters, the raid took place at around 4pm on Friday when Pakistani police seized about $US1 million ($A1.27 million) worth of assets from the exchange building.