The Federal Investigation Agency (FIA) foiled an attempt to smuggle dollars in a major operation in Quetta. FIA raided a house in Hazara town and recovered one crore US dollars.
According to FIA sources, 2 accused Agha Ejaz and Mushtaq Khan were arrested during the operation. The arrested suspects are Afghan nationals.
It should be noted that the Federal Investigation Agency (FIA) and the State Bank, a sensitive institution against dollar hoarding and smuggling, have prepared for a grand operation.
According to sources, companies and individuals hoarding dollars have been identified and lists have been prepared.
Sources say that FIA and sensitive institutions have obtained two years of data of exchange companies, a list of unusual number of dollar takers has also been prepared.
According to the sources, FIA and the sensitive agency have also started collecting the details of the owners and goods from the banks.
Sources have said that FIA and State Bank have information that dollars are stored in large number of bank lockers, FIA will be able to scan bank lockers using latest technology in dollar recovery operation, FIA and sensitive institutions. A dollar crackdown is sure to cause a major devaluation of the dollar.
#FIAs #big #action #smugglers #million #dollars #recovered
**Interview with FIA Spokesperson on Recent Dollar Smuggling Crackdown**
**Interviewer:** Thank you for joining us today. The Federal Investigation Agency recently made headlines by foiling a major dollar smuggling operation in Quetta. Can you tell us more about the circumstances surrounding this operation?
**FIA Spokesperson:** Certainly. Our team executed a raid in Hazara town, where we arrested two Afghan nationals, Agha Ejaz and Mushtaq Khan, who were attempting to smuggle one crore US dollars. This operation is part of our ongoing efforts to clamp down on illegal currency smuggling and hoarding, which has been significantly affecting Pakistan’s economy.
**Interviewer:** That’s a significant amount of money. What led the FIA to target this specific area and what intelligence do you have about the wider network involved in these activities?
**FIA Spokesperson:** We have been gathering intelligence for some time. Thanks to the cooperation with the State Bank, we have identified companies and individuals involved in dollar hoarding. We have compiled lists based on two years of data from exchange companies, and we are leveraging advanced technology to scan bank lockers suspected of storing large sums of cash.
**Interviewer:** With such operations being carried out, many people are wondering about the potential impacts on the dollar exchange rate and the overall economy. What can the public expect in light of this crackdown?
**FIA Spokesperson:** We believe that these actions will lead to a stabilizing effect on the dollar’s value in the country. By targeting hoarders and smugglers, we aim to curb the illegal activities that have inflated the dollar’s demand. Ultimately, this will benefit the economy and ordinary citizens by preventing unnecessary devaluation.
**Interviewer:** Some critics argue that these measures may simply push smuggling operations underground or to other areas. How does the FIA respond to such concerns?
**FIA Spokesperson:** We understand that challenges remain, but our operations are just the beginning. We are committed to a sustained effort to dismantle these networks. The cooperation between various government bodies will be crucial in preventing smuggling from shifting elsewhere.
**Interviewer:** Thank you for shedding light on this important issue. For our viewers, do you think that the current crackdown on dollar hoarding will ultimately benefit the common citizen, or do you feel it might have unintended consequences? Let us know your thoughts below.
