KARACHI (Digital Post) Massive Money Laundering Network Exposed in Karachi Development Authority (KDA)

KARACHI (Digital Post) Karachi A massive corruption and money laundering system has been unearthed in the Karachi Development Authority (KDA), allegedly led by Director Land, Faisal Ahmed. Soon after taking charge, Faisal introduced an illegal “Chungi System,” making bribery on every file a norm.

According to sources, Faisal’s retired brother, Zubair Ahmed, has established a strong network within the Land Department, allegedly running the affairs unofficially. Daily collections ranging from Rs. 3 million to Rs. 5 million are reportedly delivered through special bags. The money is then systematically transferred to Dubai through money laundering channels.

Just yesterday, after disposing of government plots, Faisal allegedly received USD 80,000 as kickbacks. It is reported that billions of rupees worth of government land is being sold off illegally, raising serious questions on the performance of anti-corruption bodies and KDA’s internal vigilance.

The exposure of this network has once again highlighted how government land worth billions is systematically looted and laundered abroad, leaving public institutions weakened and the accountability system under question.