Karachi: Forex scam case
KARACHI: A banking court, on Wednesday remanded two top officials of a foreign exchange firm in judicial custody on till Dec 17 for their alleged involvement in a forex scam. The suspects, Javed Khanani and Abdul Munaf Kalia of Khanani and Kalia International are facing charges of illegally transferring billions of dollars from Pakistan. The Federal Investigation Agency had arrested the suspects on the night of Nov 7 in Karachi and Lahore, after conducting an inquiry on a complaint of money laundering. The suspects have now filed an application seeking better facilities in jail.