11 people involved in transfer of dollars worth Rs38 bn: Khanani, Kalia

Javed Khanani and Munaf Kalia, accused of involvement in a major financial scam of the country, have during interrogation revealed that only in the last one month 11 people transferred Rs38 billion worth of dollars to foreign countries. Out of these 11 persons, 9 belong to Karachi while 2 are from Lahore. According to FIA sources, illegal business of transferring dollars, pounds and other foreign currencies has been going on in the country since 2006. The main centre of this business is Dubai where inflow and outflow of millions of dollars takes place on daily basis. During interrogation the accused also disclosed that millions of dollars were also transferred abroad following declaration of emergency situation in the country by former president Pervez Musharraf last year, sources said. The names of these eleven persons identified by the accused are being kept clandestine and they will be disclosed at an appropriate time later.  

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