Govt Approves Crackdown on Hawala, Money Laundering Networks

Massive crackdown on money launderers across the country

Joint working group comprising SBP, FIA officials to review progress on the action.

Govt approves crackdown on hawala, money laundering networks

Aurangzeb, Naqvi orders nationwide action in high-level meeting, calls for transparent and foolproof remittance system

Pakistan launches major crackdown against money laundering, hawala-hundi networks

Joint working group of SBP and FIA to monitor progress.Money change transfers to be streamlined for full transparency.FIA foils human smuggling bid, 33 women taken into custody.The federal government on Tuesday approved an aggressive...

Pakistan launches nationwide crackdown on hawala n...

The Government of Pakistan has launched a nationwide crackdown on hawala/hundi operations and money laundering networks. Officials warned that illegal financial activities would no longer be tolerated. Interior Minister Mohsin Naqvi and Finance Minister Muhammad Aurangzeb presided over a high-level meeting in Islamabad on Tuesday. The session focused on measures to curb illicit financial transfers and ensure accountability. The ministers stresse…

Govt Launches Crackdown on Hawala, Illegal Foreign Currency Transfers

The government of Pakistan has decided to launch a large-scale crackdown against illegal foreign currency transfers, targeting networks involved in money laundering and hawala/hundi operations. The decision was taken during a high-level meeting co-chaired by Interior Minister Mohsin Naqvi and Finance Minister Muhammad Aurangzeb, where authorities agreed to intensify enforcement against individuals and institutions using informal channels to send…

Govt orders massive crackdown on money laundering, hundi-hawala

In a high-level joint meeting chaired by Federal Interior Minister Mohsin Naqvi and Federal Finance Minister Senator Muhammad Aurangzeb, the government has decided to launch a comprehensive crackdown against the money laundering and hundi-hawala mafia. The meeting focused on tightening the noose around major business figures and institutions involved in illegally transferring funds abroad. Naqvi said no leniency will be shown to influential indi…