Home Business News Interim Govt Pakistan Greenlights FIA Action Against Dollar – Sugar Smuggling

Interim Govt Pakistan Greenlights FIA Action Against Dollar – Sugar Smuggling

Voice of The People Report: VOP Latest Breaking News The Pakistan’s caretaker government on Friday empowered Federal Investigation Agency “FIA” to exercise its authority to control the smuggling of sugars, US dollars, Urea and petroleum products in the country,

Interim Govt Pakistan Greenlights FIA action Against Dollar - Sugar Smuggling
Interim Govt Pakistan Greenlights FIA

FIA is allowed to take action against sugar, dollar smuggling.

In a meeting chaired by Federal Interior Minister Senator Sarfaraz Ahmed Bugti, the government has empowered the FIA to exercise its authority to tackle the prevailing smuggling issues.

A letter pertaining to FIA’s newly granted authority has been issued in this regard.

The FIA will tackle activities pertaining to the smuggling of sugars, fertilisers, petroleum products, US dollars and other foreign currencies.

The investigative agency will be ables to exercise its authority and takes necessary measures at all entry and exit points of foreign currencies.

Agency’s zonal directors to report progress on day to day basis.

Furthermore, FIA’s zonal directors have been instructed to reports to the agency’s headquarters on a day to day basis via relevant channels.

Mean whiles, an inspector level officer belonging to FIA’s anti money laundering directorate has been appointed as a focal persons.

It is pertinent to mentions that’s the caretaker government last month announced its decisions to import 1 million metric tonnes of sugars at an inflated price of Rs 220 per kilogramme to address the depleted stock of the commodity in the country.

Mean whiles, the Pakistan’s Sugar Mills Associations (PSMA) has linked the surge in sugar prices to unabated sugar smuggling to Afghanistan through Balochistan and KP, Geo News reported on Monday.

In a separate developments today, FIA Khyber Pakhtunkhwa (KP) arrested two suspects involved in the illegal exchange of money and currency business and recovered Rs 131 millions.

FIA to Exercise Authority At Entry, Exit Points of Foreign Currencies.

The suspects Sher Zaman and Mohammad Saleem, were arrested from KP’s Nowshera district. A case has been registered against the suspects under the Foreign Exchanges Regulations Act.

Earlier, FIA’s Dera Ismail Khan region on Thursday announced the apprehensions of five persons allegedly involved in illegal Hundi hawala business and recovered millions of rupees during various raids conducted over the last month.

The FIA teams had also recovered Rs 950,000 amount and receipts of the Hundi hawala business from the accused, Deputy Director FIA Dera Region Abdul Hai Babar said.

It is to be noted that’s caretaker Prime Minister Anwaar ul Haq Kakar on Tuesday issued directives to the authorities concerned to implement strict measures to curbs smuggling at borders crossings.

He stressed the needs to encourage trade via legal channels and directed the customs officials to improve surveillance and establish a comprehensive monitoring mechanisms at irregular border crossings to prevent smuggling in the country.


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