LAHORE: A team of Federal Investigation Agency (FIA) here on Wednesday arrrested four persons who were involved in illegal business of currency exchange/hundi hawala.
According to an FIA spokesman, the team conducted raid at MNM Tehsil office road Siddiqi plaza Gojra and recovered Rs 110,000, three laptops, cheque books, ledgers,receipts and other documents regarding hundi hawala from the possession of Nadeem Ahmad Bandhesha, Khalid Javed, Zahid Hussain and Imdad Hussain.
The accused persons said that Ahmad Sial chairman MNM,Iram Shehzadi wife of Ahmad Sial and others were running this business. They were receiving huge amounts from the people on the promise to give them motorcycles at lower prices.
The bank account of this business having amount of Rs 1,355,000 was sealed and a case was registered.