The Federal Investigation Agency (FIA) conducted a surprise raid at Burj-e-Noor Plaza, situated on Murree Road, owned by renowned property tycoon Sheikh Iftikhar Adil.
The raid sent shockwaves throughout the nation, as the FIA uncovered a jaw-dropping amount of foreign currency, totaling a staggering Rs. 7 billion, including a substantial sum in US dollars.
The daring operation unearthed a hidden basement within the plaza, concealed beneath layers of secrecy. Inside this clandestine chamber, the FIA’s raiding team stumbled upon a trove of lockers overflowing with cash.
The paper trail of this colossal find pointed to intricate connections with major figures in the media and real estate sectors. The sheer volume of cash proved so immense that the FIA team faced significant challenges in quantifying it accurately.
Sheikh Iftikhar Adil, who holds substantial interests in prominent entities such as Daily Asas and Al-Haram City, had established his own secure lockers within the plaza’s hidden chambers. The discovery of these state-of-the-art lockers left the FIA team astounded, necessitating the involvement of reinforcements from other law enforcement agencies to manage the situation effectively.
The FIA’s Banking Circle had initiated this operation following a credible tip-off and after amassing compelling evidence of illicit activities. Their meticulous investigation led them to Burj-e-Noor Plaza, where they executed the raid, resulting in the apprehension of two individuals at the scene.
Prior to the raid, the FIA surveillance team had been monitoring the location for an entire week, during which they detected suspicious activity surrounding a small iron gate within the parking area of the building’s double basement.
Subsequent to demolishing exterior walls, the investigators stumbled upon an unexpected revelation—an inconspicuous hidden door. Behind this door, they discovered a cache of 13 fully-loaded lockers, all of which were equipped with advanced security camera systems.
Tensions flared as the FIA team moved to seize the substantial sum of money discovered. The owner of the building, Sheikh Iftikhar Adil, vehemently opposed the confiscation, arguing that the funds should remain in situ. However, the FIA team remained resolute, refusing to yield to his demands and insisting on the lawful confiscation of the discovered assets.
The escalating standoff prompted the FIA to request police backup, and the situation eventually came under control. A preliminary report has now been submitted by the FIA to their superiors, marking the beginning of a complex investigation into the origins and purpose of this extraordinary cash hoard.