SHANGLA: The Shangla police and the Federal Investigation Agency jointly conducted a raid on a secretly operating digital company in Barkana Shahpur area here, seized the equipment and arrested two persons over involvement in money laundering through the electronic currency bitcoin.Bit
A statement issued by the district police officer, Malak Ihjaz on Wednesday said that following a tip off of local police intelligence, local police team accompanied by FIA team raided on a house at Barkana Shahpur and found illegal Bitcoin installations.
It said, after initial interrogation police seized the digital installation and other machines and arrested two suspects.
The statement said that about 84 different type of softwars were installed in the illegal Bitcoin installations which was supposed to be used for billion of rupees illegal transfer to foreign countries.
It said, the Bitcoin software is a new illegal technique for the money transfer illegally as the government has eliminated all the other sources of money transfer.
According to the statement, police have arrested two accused identified as Ghulam Ahmed, resident of Okara in Punjab and Sajid Sadique Dogar, resident of Lahore and handed them over to the FIA for further interrogation.
DPO Shangla Malak Ihjaz when contacted in this regard, he told The Northern Post that he was informed by a source following that he decided to raid and directed to sub-divisional police officer Alpuri Zahir Khan for raid and also informed FIA officials.
He said, the gang came to Shangla remote area for installation the Bitcoin setup as these areas were less popular and suitable for such illegal work but Shangla police played a vital role and saved billion of national wealth.
-
Shangla police arrest 1,120 suspects in 322 search and strike operation
SHANGLA: Shangla police have conducted 322 search and strike operations in the district Sh… -
Reshuffle in Shangla police
SHANGLA: The district police officer Shangla Malak Ihjaz has transferred and posted police… -
Two booked for raping 14-year old girl in Shangla
Chakesar police have registered an FIR against two for raping a 14-year-old girl in Kangal…
Load More Related Articles
-
Cross FIR lodged against Amir Muqam, Ibadullah, DC Shangla
On the order of the additional session judge, Shangla, Muhammad Khan Yousafzai, the Shangl… -
Kohistan Lower’s Dubair valley residents await government heed
The residents of Dubair valley of Kohistan Lower and Kandia tehsil of Upper Kohistan have …
Load More By Umar Bacha
-
Cross FIR lodged against Amir Muqam, Ibadullah, DC Shangla
On the order of the additional session judge, Shangla, Muhammad Khan Yousafzai, the Shangl… -
Immediate recovery of missing young girl demanded
Islamabad: The civil society of Gilgit-Baltistan, child rights organizations, the human ri… -
Shangla Martung residents want health facility functional
The residents of Martung tehsil have demanded of the Khyber Pakhtunkhwa government to make…
Load More In KP/GB
Check Also
Chairman WAPDA visits Diamer Basha Dam to review the construction activities
Chairman WAPDA visits Diamer Basha Dam and reviews the construction work at the Project. T…