FIA raids Mandviwalla Entertainment’s office in Karachi

KARACHI: The Federal Investigation Agency (FIA) on Friday raided office of filmmaking company Mandviwalla Entertainment in Karachi, officials of the agency said. Officials said the raid was conducted on reports of fake invoices, and laundering of money abroad through hundi and hawala by the company. The company imports equipment pertaining to filmmaking and cinemas. FIA officials said the company laundered Rs128 million abroad through hundi. A spokesman for the filmmaking company confirmed that the FIA raided its office, however, denied reports of the arrest of Nadeem Mandviwalla, managing director of the company. The FIA also took a staffer into custody who was allowed to go after questioning, the spokesman said in a statement. FIA Officials took along important documents from the office. Mandviwalla Entertainment is a law abiding organisation, the statement said further, adding that it was cooperating with the agency.
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