Wednesday, April 17, 2024, 5:05 PM
BREAKING NEWS
**Imran, Qureshi sentenced to 10 years in cipher case **Special court in Rawalpindi convicted former Prime Minister Imran Khan under official Secrets Act **Decision was announced by special court Judge Abul Hasnat Zulqarnain during hearing at Adiala Jail
Wednesday, April 17, 2024, 5:05 PM
Home Top News Intelligence report reveals expanse of oil and currency smuggling

Intelligence report reveals expanse of oil and currency smuggling

Over 700 currency dealers, 95 oil dealers involved in smuggling

by NWMNewsDesk
0 comment

An report submitted by a civil intelligence agency to the Prime Minister House has laid bare extensive smuggling operations involving oil and forign currency.

The report says that a total of 722 currency dealers in Pakistan are involved in havala and hundi operations.

Out these dealers, Punjab has the highest number with 205 traders involved in the illegal operation. The report has also identified 183 dealers in Khyber Pakhtunkhwa, 176 in Sindh, 104 in Balochistan, 37 in Kashmir and 17 in the capital.

The report has also revealed that not just dealers but politicians and officials are also involved in oil smuggling operations from Iran.

banner

According to the report, more than two billion litres of oil are smuggled across the Iranian border that cause a loss of Rs60 billion to the national exchequer.

Revenue generated by the sale of illegal petrol is used to finance terror operations, the report adds.

A total of 76 dealers in the border region are involved in the smuggling of Iranian oil while 995 pumps across the country are involved in selling the oil.

The report also says that 90 government officials and 29 politicians are involved in the trade. It also adds that Pakistan State Oil vehicles are involved in the smuggling operations.

You may also like

In a recent breakthrough, researchers have found that the updated COVID-19 vaccine has demonstrated an impressive 95% efficacy rate against the emerging Delta variant, which has been causing widespread concern globally.

Blogs

Latest Articles

© 2023 News World Media. All Rights Reserved.