The Commissioner’s Task Force (Central) team in Hyderabad apprehended a hawala operator during a routine vehicle inspection on Saturday. The operation resulted in the seizure of a substantial sum of Rs 18 lakh.
The man in question, identified as Sawai Sharma, also known as Suresh (42), is a resident of Ramkot and hails from Rajasthan. He had established connections with a hawala money transfer agent named Manish from Kerala, and together, they were running an illicit hawala money transfer business within the city. According to DCP (Task Force) P. Radha Kishan Rao, this operation was conducted clandestinely in Hyderabad.
Sharma, during his unlawful operations, charged a commission ranging from 0.5 percent to 0.8 percent per lakh of transferred money. He maintained a veil of secrecy by communicating with his clients via WhatsApp.
The apprehension of Sharma unfolded as the Task Force team intercepted him while he was transporting the aforementioned amount near the Sai Plywood store located at Begum Bazar. Subsequently, he was handed over to the Begum Bazar police station for further legal proceedings. This incident highlights the efforts of law enforcement agencies in curbing illicit financial activities and maintaining law and order in the city.
