The Federal Investigation Agency (FIA) arrested two accused for selling unregistered and altered surgical drug products in Karachi and recovered unregistered illegal products worth Rs 9.7 million from the factory.
Besides, the agency also arrested a person involved in Hawala and Hundi for assisting the importer for transferring import payments through local banks to UAE’s exchange companies. The FIA unearthed the hundi/hawala deals worth Rs 12.5 billion from the arrested accused and are making further investigations.
According to the FIR registered by the Crime Circle of the FIA, Mohammad Arshad Awan was the owner of M/S Lab Link enterprises and Dr Naveed Ul Rizwan Azizi was working on a position of director and both were involved in selling, purchasing, distributing altered repacking of the suspected surgical drug products illegally in the local market as well as in other cities of Pakistan.
The agency recovered disposable syringes manufactured by M/S Nipro Corporation Thailand, Safe Let Cath (Caherters), surgical Butterfly (Scalp vein set), Canulas, Surgical Needles worth Rs 9.7 million. During the raids, the FIA also recovered fake stamps, other laser and manual printing machineries used for printing expiry dates and others material etc.
During the initial investigations it transpired that the Arshad Awan also involved in illegal business of Hundi and Hawala through Muhammad Asad.
M/S Lab Link enterprises imports good from Singapore, Thailand, China and Japan and send them money through illegal channel of Hundi/Hawala through Muhammad Asad.
According to the FIR, modus operandi was that the clients, who desires to send money abroad against their import, used to give the particulars of beneficiary bank, where the remittances to be deposited/credited and used to settle the rates of dollar for TT. Then he (Asad) receives the Pak rupee equivalent to dollar through cheque from the client. Later he sends messages to Humair and Sumair for transfer of money into the account of beneficiary bank namely Bank Al Babib, Meezan Bank, and Faysal Bank. Through Benami account in these banks, the money was being transferred to Dubai and other countries through different Exchange Companies including M/s Al Zarooni Exchange, M/s Malik Exchange Dubai, M/s Artco General Trading LLC and others.
According to the FIA, the Arshad Awan was an influential person in Karachi and was supplying M/s Lab Link Enterprises products in different hospitals in Karachi and also working closed with the Sindh government in different health programs.
