The Federal Investigation Agency (FIA) Corporate Crime Circle Karachi arrested two persons involved in illegal Hawala and Hundi business at Gul Plaza, reported 24NewsHD TV channel on Thursday.

According to the FIA, the accused had been involved in the sale and purchase of foreign currency without license.

27,000 Saudi Riyals, 1,000 US dollars and other currencies worth Rs30,000 were also recovered from the possession of the accused.

The accused were identified as Zain Ul Abideen and Muhammad Hassan.

A case was registered against the accused.

Further investigation against them is underway, the FIA spokesperson said.

Reporter: Daniyal Syed