State Bank of Pakistan KARACHI: State Bank of Pakistan (SBP) and Federal Investigation Agency (FIA) have decided to jointly take action against illegal exchange companies. A statement issued on Tuesday stated that a high-level meeting was held between the SBP governor and the Director General, FIA on November 8, 2022. READ MORE: US Dollar falls by 26 paisas to […]
ISLAMABAD: Finance Minister Shaukat Tarin launched automated currency declaration system at Federal Board of Revenue (FBR) Headquarter here on Tuesday. Chairman FBR/Secretary Revenue Division Dr. Muhammad Ashfaq Ahmed, Chairman NADRA Tariq Malik and DG FIA Sanaullah Abbasi were present on the occasion. The minister said that the government was focusing on the documentation of economy […]
KARACHI: The Federal Investigation Agency (FIA) has summoned representatives of Binance, an international buy/sell platform for cryptocurrencies, in a scam, which deprived many Pakistanis from billions of rupees. The FIA took the action following around Rs18 billion lost that were invested in cryptocurrencies through nine different mobilephone applications. These applications were linked to Binance. It […]
KARACHI: Dr. Reza Baqir, governor, State Bank of Pakistan (SBP) on Saturday held talks with Federal Investigation Agency (FIA) and banks to fight money laundering, cyber attacks, and online bank frauds. Governor State Bank of Pakistan, Dr. Reza Baqir, chaired a meeting today with Director General FIA Sanaullah Abbasi to strengthen and coordinate efforts of […]
KARACHI: The Federal Investigation Agency (FIA) is making all out efforts to resolve complaints related to cyber crime. FIA Director General Dr. Sanaullah Abbasi said this at a meeting with members of Karachi Chamber of Commerce and Industry (KCCI). According to a statement issued on Saturday by the KCCI, the DG FIA briefed the business […]
KARACHI: Federal Investigation Agency (FIA) Corporate Crime Circle, Karachi has arrested former executives of Pakistan International Airlines (PIA) in an illegal appointment case, a press release said on Saturday. It said that the FIA, CCC, Karachi on October 15, 2020 registered FIR against accused Aijaz Haroon, former Managing Director, PIA; Salim Sayani, former DMD, PIA […]
KARACHI: Pakistani authorities have assured International Monetary Fund (IMF) of registering prize bonds and other bearer instruments to eliminate the use of these instruments in potential illegal activities and tax avoidance. The IMF issued Pakistan country report on Monday following successful $6 billion loan program. In order to make the program successful the Pakistani authorities […]
ISLAMABAD: Prime Minister Imran Khan on Tuesday constituted a commission to probe the unprecedented borrowing of Rs 24 trillion during past ten years and to set an example for those who looted the country. In a nationwide televised address, hours after the announcement of the national budget Prime Minister Imran Khan said, “Pakistan today was […]
ISLAMABAD: The Assets Recovery Unit of the Prime Minister’s Office received a complaint/information in respect of the foreign properties of three learned Judges, said a statement on Sunday. Under the Rules of Business, 1973 the matter pertaining to Judges fall under the umbrella of the Federal Ministry of Law and Justice. Hence the complaint/information was […]
KARACHI: Federal Investigation Agency (FIA) has summoned leading fashion designers in inquiry related to losses to PIA in Premier Service Operations. The FIA summoned the fashion designers in connection that PIA had acquired their services for design of ‘PIA Premier Service Uniform’ for its cabin crew. The agency said the designers were acquainted with the […]