Pakistan

FIA to raid houses of dollar hoarding mafia

FIA and sensitive agencies will conduct targeted raids at the houses, after which the accused will be arrested and jailed.

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Islamabad: The sensitive agencies and Federal Investigation Agency (FIA) have all geared up to raid the houses of dollar hoarding mafia.

According to media reports, the security sources told that next phase of crackdown against hoarding of dollars is being started, in which FIA and sensitive agencies will now raid houses to recover the stored dollars.

The reports also told that houses across the country have been identified with the help of data obtained from exchange companies.

It is reported that after the crackdown, sensitive agencies have received authentic information about the institutions storing dollars in the houses of the mafias. The sensitive institutions have also obtained the list of the unusual number of dollar buyers.

FIA and sensitive agencies will conduct targeted raids at the houses, after which those hiding dollars in the houses will be arrested and jailed.

It is pertinent to note that ongoing crackdown against the dollar mafia has made dollar cheaper by Rs31. Earlier on September 01, the dollar closed at the highest level of Rs328, while the value of dollar has also decreased in the open market and has fallen below 300 rupees.

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