A Karachi court has convicted three individuals for illegally transferring money abroad in connection with the Bahria Town case. The Additional District and Sessions Court sentenced each convict to one year in prison and imposed a fine of Rs. 500,000 under the Foreign Exchange Regulation Act. According to the prosecution, the accused used hawala and hundi channels to send funds overseas for various Bahria Town projects. The verdict highlights ongoing efforts by authorities to curb illegal financial transactions and enforce foreign exchange laws. Separately, Bahria Town has appealed for an independent investigation into the proposed auction of its assets, alleging that properties are being sold below market value and requesting a temporary halt to the process.
