Law:

Section:

Keywords: High Court, Information, Foreign Exchange, Permission, Modification, Prosecution, Payment, Evidence, Period, Consideration, Investigation, Imprisonment, Reduction, Fine, Establishment, Foreign Currency, Illegal, Imposition, Money, Exchange Result: Order accordingly JUDGMENT Appellant Atta Muhammad son of Didari Shaikh aged 28 years has filed this appeal against the judgment of the Additional Sessions Judge, Karachi convicting him to undergo three months R. I. Under section 4(1) and (2) of the Foreign Exchange Regulation Apt, 1947, the sentences however have been directed to run concurrently. The prosecution case briefly stated is that A.I Akbar Khan Baloch, Inspector of Special Police Establishment, State Bank Circle, Karachi on receiving reliable information that certain persons were carrying on illegal trade in Foreign Exchange on the footpaths in Boulton Market Area deputed Abdul Razak (P. W. 3) to contact the persons concerned. He had earlier obtained the requisite permission for investigation in this behalf. P. W. Abdul Razak afterwards informed Inspector A.I Akbar Khan that he settled a bargain with the appellant who was willing to sell 5 at the rate of Rs. 20'tach and the deal was postponed to the next day at 12-30 p.m. A trap was accordingly organised under which P. W. Abdul Razak was deputed in the company of Akhtar Nizami Mashir to purchase the Foreign Exchange English currency from the appellant. In this behalf Abdul Razak was handed over tainted notes in Pakistan currency of the value of Rs. 110. P. Ws. Abdul Razak and Akhtar Nizami are said to have approached the appellant who sold them the Foreign currency, and during the transaction Inspector A.I Akbar Khan came to the spot, on a previously arranged signal, and secured the tinted money from the pocket of the appellant. After obtaining the requisite permission from the State Bank of Pakistan, the appellant was sent up for trial before the…

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