“Use Hawala Hundi system for transfer of money to Pakistan”, says Imran Khan

News"Use Hawala Hundi system for transfer of money to Pakistan", says Imran...

"Use Hawala Hundi system for transfer of money to Pakistan", says Imran Khan

Islamabad: Use Hawala Hundi system for transfer of money to Pakistan, says Imran Khan to overseas Pakistanis.

The Chairman of Pakistan Tehrik-i-Inasaf (PTI) Imran Khan has directed his followers living outsides Pakistan to stop sending money to their families in Pakistan through banks(remittances)  and directed them to use Hawala Hundi system for transfer of money to Pakistan. He passed these directions while addressing his workers on Saturday night.

Chairman Pakistan Tehrik-i-Insaaf (PTI) Imran Khan on August 17, 2014 announces Civil Disobedience against sitting government asking his workers and followers not to pay any utility bills and taxes. Now he has directed to stop sending remittances to Pakistan.

Hawala or Hewala also known as hundi, is an informal value transfer system based on the performance and honour of a huge network of money brokers, primarily located in the Middle East, North Africa, the Horn of Africa, and the Indian subcontinent, operating outside of, or parallel to, traditional banking, financial channels, and remittance systems. This is the biggest channel being used by Arab and Afghan terrorists including Al-Qaeda to transfer money and finance their projects, therefore this channel is being discouraged by Pakistan since war on terror.

Tags:

Imran speech in azadi march

Must read

Recent News

Pakistan-China Institute’s All Parties Moot reaffirms unwavering support to CPEC

0
Mushahid Hussain terms ties with China central to Pakistan’s FutureISLAMABAD, Pakistan: The Pakistan-China Institute (PCI), headed by the Senator Mushahid Hussain Sayed,...

BISP-GIZ partnership to boost social protection services, digital literacy, and skills development: Rubina

0
ISLAMABAD, Pakistan: A delegation from the German Agency for International Cooperation (GIZ) met the Chairperson of the Benazir Income Support Programme (BISP) Senator Rubina...

Interbank Dollar Rate Today in Pakistan – 28 August 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for August 28,...
Balochistan Bleeds: Security spectrum and responsibility of political parties

Balochistan Bleeds: Security spectrum and responsibility of political parties

0
By Agha Iqrar HaroonAfter a long struggle and countless sacrifices of martyrs in Operation Zarb-e-Azb by the Pakistan Army and the public, the scourge...

2nd phase of repatriation of Afghan refugees to begin soon: Mohsin Naqvi

0
ISLAMABAD, Pakistan: The Federal Minister for Interior Senator Mohsin Naqvi has said that the second phase of repatriation of Afghan refugees will begin soon.Talking...
Advertisement