RAWALPINDI, Feb 2: The Federal Investigation Agency (FIA) has revealed that a money exchange company used an unofficial website for illegally transferring foreign currency abroad.

According to sources, about $45 million was transferred illegally to different countries in June and July last year.

The FIA investigation suggested that Khanani and Kalia was operating the unofficial website in addition to its official site. The servers used to run the unofficial website have been seized.

An FIA team has seized 17 servers, 15 desktop and three laptop computers which will be examined by forensic experts.

During the two months 34,821,427 dollars, 1,896,399 Japanese yens and 678,809 pounds were remitted.

During 2004-8, nearly Rs69 billion was officially transferred, while Rs103 billion remitted during 2005-8 was not declared.

The FIA has registered 12 cases against money changers and their franchises since launching a crackdown on illegal transfer of foreign currency.

However, the agency is facing problems in paying the fees of special public prosecutors in the cases because it has only Rs300,000 sanctioned for legal charges. It had re-allocated Rs1 million from other budget heads for the purpose, but the amount was insufficient, the sources said.

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