FIA busts money laundering gang

Bureau Report

KARACHI: The Federal Investigation Agency (FIA) on Friday has busted a money laundering network in Karachi during a raid conducted in a residential building situated on Shaheed-e-Millat road.
The FIA Sindh Director Munir Ahmed Shaikh told media that the intelligence agency bust a major money laundering network in Karachi. He said that a raid was carried out on a residential building over being spotted by an accused man, Abdul Jabbar Memon. The raiding team recovered a huge quantity of gold, foreign currency, documents of houses and vehicles. Shaikh detailed that the seized gold and foreign currencies worth more than Rs150 million.