The Federal Investigation Agencys (FIA) Anti-Corruption Circle in Karachi conducted a major raid against individuals involved in illegal currency exchange operations, following directives from FIA Director General Rifaat Mukhtar.
According to an FIA spokesperson, the targeted operation led to the arrest of two suspects, including a bank official. The arrested individuals have been identified as Zeeshan Abbas and Abdul Kareem. Notably, Zeeshan Abbas is currently employed as a Relationship Manager at a private bank.
The raid was carried out at the Khayaban-e-Shahbaz branch of a private bank located in the DHA area of Karachi. During the operation, authorities recovered $9,000 in cash and secured digital evidence from the suspects mobile phones, which reportedly confirms their involvement in illegal foreign currency exchanges.
The suspects were unable to provide satisfactory explanations to authorities regarding the recovered foreign currency. They have been taken into custody, and investigations are currently underway.
The FIA has confirmed that further raids are being conducted to apprehend other individuals linked to this illegal network.