Tag: hundi
Pakistan deploys blockchain technology to counter money laundering
ISLAMABAD: Pakistan has adopted for the first time the blockchain technology in the banking sector to attract foreign remittances from Malaysia and to counter the...
Rangers recover Rs30m from suspects involved in ‘hundi’
RAWALPINDI: Punjab Rangers on Thursday arrested a group of individuals involved in 'hawala/hundi' and seized Rs30 million cash from them, according to the Inter-Services...
Arrested terrorists reveal use of hundi for terror financing
KARACHI: Detained terrorists in Karachi have confessed to using hundi and hawala mechanism to transfer money to Afghanistan for terror financing.
Three kidnappers belonging to a banned outfit were...
FIA arrests one in hundi, hawala business with cash, prize bonds
Lahore: The Federal Investigation Agency (FIA) arrested a person accused of running an illegal business of hundi and hawala and recovered cash, prize bonds...
