Man gets 10-year term over Rs108m illegal fund transfers
A Rawalpindi court jailed Khan Bahadur Khan for a decade and fined him Rs1 million after he pleaded guilty over bank transfers exceeding Rs108 million.
A Rawalpindi court sentenced Khan Bahadur Khan to 10 years in prison and a Rs1 million fine.
The FIA Commercial Banking Circle Islamabad investigated the illegal hundi and hawala case.
More than Rs108 million was moved into his bank account from various sources, including M/s Shaheen Air International.
He pleaded guilty in case No. C-18/2026 before Additional District and Sessions Judge Muhammad Irfan Anjum.
He was convicted under Sections 5, 8 and 23 of the Foreign Exchange Regulation Act, 1947 (amended in 2020).