FIA launches crackdown against dollar hoarders

ISLAMABAD: Within the mild of presidency’s instructions, Federal Investigation Company (FIA) on Saturday determined to launch a crackdown towards greenback hoarders in addition to these concerned in Hawala Hundi enterprise.

As per sources, the authority sprung into motion and constituted six groups towards all hoarders who have been promoting the dollar in black and different individuals who have been doing Hundi enterprise.

All groups could be headed by assistant administrators. Sajid Ameen, Tariq Masood, Aijaz Ahmed, Riyaz Khan, Rana Haider, and Rana Shehwaz would supervise the groups which might comprise 4 members every.

Groups would current their efficiency report each day, sources added.

Just a few days earlier, taking the discover of the devaluation of rupee towards the US greenback, Prime Minister Imran Khan ordered to launch a crackdown towards cash changer corporations promoting greenback above market charge.

The US greenback reached a brand new report excessive of Rs150 within the interbank market on Friday morning.

Because the rupee continues to devalue towards the US greenback on this week, the dollar gained one other Rs3 within the interbank market to the touch the very best peak.

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