Rawalpindi/Islamabad12 hours ago
There is news of seizure of local and foreign currency worth billions of rupees in two cities of Pakistan which are struggling against bad economy and inflation. According to a report in ‘The Dawn’ newspaper, so much currency was found in the basement of a plaza in Rawalpindi that officials of the Federal Investigation Agency (FIA) were surprised.
The report claims that 13 digital lockers were found in this basement. Efforts to open it 24 hours have so far been unsuccessful. Apart from this, similar basements and lockers have also been found in Jhelum city. It is believed that apart from the recovered currency, there is also foreign currency in the locker.
Pakistan currently has total forex reserves of $8 billion. Of that, $3 billion is from the IMF, $2 billion from Saudi Arabia and $1 billion from the UAE and China. The inflation rate was around 40 percent in June. After this the government did not release the figures.
This picture has been released by a Pakistani news channel. In this, a digital locker appears on the left side.
This picture has been released by a Pakistani news channel. In this, a digital locker appears on the left side.
Media house owner’s building
- According to separate Pakistani media reports, several FIA teams have been conducting operations against foreign currency holders and money laundering for the past two weeks. Army and ISI are also helping in this. Investigating agencies received information that the currency was hidden in a plaza 2 km from the Rawalpindi headquarters of the Pakistan Army.
- The basement of this plaza was raided on Sunday morning. A team of 44 officers found nothing during the search. Meanwhile, a wall in the basement became suspicious. During the investigation it was found that there was no construction on the other side of the wall. Later this wall was demolished.
- Pakistani and foreign currency were found in several boxes on the other side of the wall. The biggest surprise was seeing 13 digital lockers. All these were bought from other countries and there was no one to open them. This building belongs to the owner of a media channel. So far 8 people have been arrested in this case. However, not a single digital locker has been opened yet.
A report dated August 2023 said that 6 lakh Pakistanis have left the country in 8 months of this year. In 2022, this figure was 9 lakh. (file)
A report dated August 2023 said that 6 lakh Pakistanis have left the country in 8 months of this year. In 2022, this figure was 9 lakh. (file)