The Federal Investigation Agency (FIA) Anti-Corruption Circle has conducted a significant operation in Gulshan-e-Iqbal, leading to the seizure of over 116 tola of gold bars, valued at over Rs. 30 million, from a jeweler’s shop.
According to sources, the FIA’s raid targeted a jeweler’s shop suspected of being involved in illegal hawala and foreign currency transactions. During the operation, the authorities apprehended the shop owner, who is alleged to be involved in these illicit activities.
The gold bars, weighing more than 116 tola, were found without any purchase receipts. The total value of the seized gold is estimated to be over Rs. 31 million. Additionally, the raid uncovered more than Rs. 8.8 million in Pakistani currency and 2,870 US dollars. FIA agents also recovered messages related to foreign currency transactions and various checkbooks from the suspect’s mobile phone.
The FIA has confirmed that legal proceedings against the detained individual are underway, with further actions being planned as part of the ongoing investigation.
