The authorities have launched countrywide crackdown against bank managers involved in Hawala and Hundi business.
“Eight bank managers have been booked in cases across the country,” sources said adding: “The cases have been registered in Islamabad, Karachi, Lahore and Faisalabad”.
“A bank manager, ZeeshanShaukat, has been arrested from Faisalabad in case,” according sources. “Investigators have recovered stamps of 12 different companies from ZeeshanShaukat”.
Moreover, the record of crores of rupees HawalaHundi transactions also found in mobile phones.
According to sources, details of different bank managers’ accounts have also been unearthed.
Director General FIA has ordered thorough scrutiny of the offices of all exchange companies.
