As per ARY and GEO, Munaf Kalia has been arrested on money laundering allegations by FIA.All Kalia money exchanges have been closed and sealed as well. Reports of several others including employees of NADRA have also been arrested.
**Local moneychanger reportedly arrested in Karachi
**
As per ARY and GEO, Munaf Kalia has been arrested on money laundering allegations by FIA. All Kalia money exchanges have been closed and sealed as well. Reports of several others including employees of NADRA have also been arrested.
All Pakistani financial institutions must be checked by the appropriate world bodies, to see that Pakistani financial institutions in Pakistan do not have any links with terrorist organisations and laundering money on their behalf, and for any other illegal activities.
Re: Munaf KALIA arressted on money laundring allegation
^^, the world bodies also need to the check the Bounty Dollars records as well.... from 2001-2007
All Pakistani financial institutions must be checked by the appropriate world bodies, to see that Pakistani financial institutions in Pakistan do not have any links with terrorist organisations and laundering money on their behalf, and for any other illegal activities.
Yes, lets hire international auditors to keep all banks in check, lets hire international police to make sure no financial institutions have links to terrorists, lets hire international armed forces so our army does what they are supposed to do. You know what, lets hire foreign government to keep a check on our government.
^ Last part is Aalsi's ultimate wish. He would be more happy if project is given to Israeli Zionists.
K&K under arrest. That's a very good news guys.
All Pakistani financial institutions must be checked by the appropriate world bodies, to see that Pakistani financial institutions in Pakistan do not have any links with terrorist organisations and laundering money on their behalf, and for any other illegal activities.
yes, I nominate Freddie Mac and Fannie Mae, Lehman Brother and Bear Stearns.
Yes, lets hire international auditors to keep all banks in check, lets hire international police to make sure no financial institutions have links to terrorists, lets hire international armed forces so our army does what they are supposed to do. You know what, lets hire foreign government to keep a check on our government.
Ehtasab bro! please go easy on Alsi. He was specific about "financial institutions" and you took liberty and applied it to the whole country.
BTW his thinking aloud should not be taken as "original proposal". We as a nation have already gone to international institutions under "Ehtasab" campaigns in the past. Moreover we all know that our government wants $6 billion in the next 3 months "without providing any service" to the lenders. Then the same lenders would like to come "visit" our institutions anyways whether Alsi sahib says it or not.
According to Dawn, K&K controls about 40% of money-exchange business in Pakistan. I really did not expect PPP government to take such a bold step. It should be commended for this action. It did what even Musharraf could not do.
I am beginning to like Rehman Malik.
Re: Munaf KALIA arressted on money laundring allegation
not only munaf kalia got arrested but his partner javed khanani also got arrested. they both got arrested at the some time at karachi and lahore respectively.
Wow. Are things really that bad under the PPP led government. 
BBC NEWS | Business | Pakistan probes money-change firm
A spokesman for Pakistan’s money-changers has denied that their firms are responsible - and said that the government’s investigation into their activities will cause a further slide in the rupee’s value.
In other words, let us make money any way we want, otherwise we will bring Pakistan down!
But what is “down”, Khanani&Kalia? Isn’t Pakistan in abyss today?
Re: Munaf KALIA arressted on money laundring allegation
^^ This guy should also be arrested for making such an statement. If FIA has found something illegal, then they have all the right to intervene and arrest....
No no, honey and milk continues to flow as did under Musharraf 
Ehtasab bro! please go easy on Alsi. He was specific about "financial institutions" and you took liberty and applied it to the whole country.
BTW his thinking aloud should not be taken as "original proposal". We as a nation have already gone to international institutions under "Ehtasab" campaigns in the past. Moreover we all know that our government wants $6 billion in the next 3 months "without providing any service" to the lenders. Then the same lenders would like to come "visit" our institutions anyways whether Alsi sahib says it or not.
You probably didn't read his comments in past how he wanted inquiry by international agencies for every other matter that why I included the remaining slots.
Re: Munaf KALIA arressted on money laundring allegation
So Khanani and Kalia got busy in “Hawala/Hundi” business, if that is true then they must be punished.
Re: Munaf KALIA arressted on money laundring allegation
I have a feeling, that both of these did not give the right share to Zardari, therfore..................................................
Re: Munaf KALIA arressted on money laundring allegation
This smells of scapegoating.
Exactly what laws were broken?
This smells of scapegoating.
Exactly what laws were broken?
Hawal/Hundi are not legal, I think.
I am surprised. Kalia and Khanani controls most of Pakistan open market dollars and all illegally obtained rupee by corrupt politicians and bureaucrats leave Pakistan through them. It seems that there is army pressure behind the scene, but there could be other reasons too. Few weeks ago I heard that Nawaz and his cronies in PMLN are moving billions of dollars worth of illegally obtained Rupee abroad with purpose to destabilise the country (though it was expected but there were no clear news to support that). I think that Zardari hands during last few months are comparatively clean and thus his government acted so that to stop this flight of capital, especially illegal capital.
Anyhow, this is good news as with this step, flight of capital would get reduced and that means we might see Rupee gaining ground. If there is any truth that Saudi Arabia is giving loan of $4 billion plus facility of differed payments for crude oil, and Pakistan might get more cash from other sources, than Pakistan Rupee would probably improve significantly, maybe get to Rs 75 (or even Rs 70) to a dollar by end of this year. This step would help KSE too. Lakin, agar muk-muka hou giya tou phir, all would go back to square one.
I am surprised. Kalia and Khanani controls most of Pakistan open market dollars and all illegally obtained rupee by corrupt politicians and bureaucrats leave Pakistan through them. It seems that there is army pressure behind the scene, but there could be other reasons too. Few weeks ago I heard that Nawaz and his cronies in PMLN are moving billions of dollars worth of illegally obtained Rupee abroad with purpose to destabilise the country (though it was expected but there were no clear news to support that). I think that Zardari hands during last few months are comparatively clean and thus his government acted so that to stop this flight of capital, especially illegal capital.
Anyhow, this is good news as with this step, flight of capital would get reduced and that means we might see Rupee gaining ground. If there is any truth that Saudi Arabia is giving loan of $4 billion plus facility of differed payments for crude oil, and Pakistan might get more cash from other sources, than Pakistan Rupee would probably improve significantly, maybe get to Rs 75 (or even Rs 70) to a dollar by end of this year. This step would help KSE too. Lakin, agar muk-muka hou giya tou phir, all would go back to square one.
U are surprised!!! abuot K&K and at the same time you can hear everything regarding PML (N)...
do you have any news ref. for your allegation on PML (N) or it is just u heard yourself saying it.?