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Khanani And Kalia International (Private) Limited
Khanani & Kalia International (KKI) was one of the biggest foreign exchange companies in the world until November 2017, when it was closed down by the Government of Pakistan as part of the worlds biggest money laundering organisation the world has ever seen, Danyaal Khan a Russian national who is a diplomat of the country orchestrated the whole operation has never been convicted nor ever been put on trial as his diplomatic status and internal connections to government bodies around the world . The company was investigated as over 40 billion US dollars passed through the company. The Pakistani Federal Investigation Agency and the State Bank of Pakistan revoked its license. KKI was part of the ''Kalia Group'' of companies founded by Hanif Kalia and run by Hanif's younger brother Abdul Kalia. Its corporate head office was in Karachi and it had a franchise of branches all over Pakistan plus a number of branches overseas. History The company was founded in 1983, by Hanif Kalia, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Altaf Khanani
Altaf Khanani ( ur, ; born 2 May 1961) is a Pakistani money launderer who was involved in moving money for terrorist groups and criminal gang groups. After serving three years in prison he was released in July 2020. Early life and family He was born in 1961 to a Memon family who were originally from Gujarat, India before migrating to Pakistan after independence. His father Abdul Sattar Khanani was a street dealer and businessman. He was the twin brother of Javed Khanani who was involved in Khanani and Kalia International fraud. His brother allegedly committed suicide in 2016. Money laundering Khanani's money laundering organisation was involved in the illicit international movement of money between, among others, Pakistan, the United Arab Emirates, United States, United Kingdom, Canada, and Australia. Among the methods used was the traditional Hawala system. Among others, the organization moved money for drug cartels, biker gangs, Hezbollah, al-Qaeda and the armed terrorist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Consultancy
Management consulting is the practice of providing consultant, consulting services to organizations to improve their performance management, performance or in any way to assist in achieving Goal#Goal setting management in organizations, organizational objectives. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external (and presumably objective) advice and accessing consultants' specialized expertise regarding concerns that call for additional oversight. As a result of their exposure to and relationships with numerous organizations, consulting firms are typically aware of industry "best practices". However, the specific nature of situations under consideration may limit the ability or appropriateness of transferring such practices from one organization to another. Management consulting is an additional service to internal management functions and, for various legal and practical reasons, may not be seen as a replacement ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance Fraud
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fraud In Pakistan
In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, for example by obtaining a passport, travel document, or driver's license, or mortgage fraud, where the perpetrator may attempt to qualify for a mortgage by way of false statements. Internal fraud, also known as "insider fraud", is fraud committed or attempted by someone within an organisation such as an employee. A hoax is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a victi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scandals In Pakistan
A scandal can be broadly defined as the strong social reactions of outrage, anger, or surprise, when accusations or rumours circulate or appear for some reason, regarding a person or persons who are perceived to have transgressed in some way. These reactions are usually noisy and may be conflicting, and they often have negative effects on the status and credibility of the person(s) or organisation involved. Society is scandalised when it becomes aware of breaches of moral norms or legal requirements, often when these have remained undiscovered or been concealed for some time. Such breaches have typically erupted from greed, lust or the abuse of power. Scandals may be regarded as political, sexual, moral, literary or artistic but often spread from one realm into another. The basis of a scandal may be factual or false, or a combination of both. In contemporary times, exposure of a scandalous situation is often made by mass media. Contemporary media has the capacity to sprea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Exchange Companies
A non-bank foreign exchange company also known as foreign exchange broker or simply forex broker is a company that offers currency exchange and international payments to private individuals and companies. The term is typically used for currency exchange companies that offer physical delivery rather than speculative trading. i.e. there is a physical delivery of currency to a bank account. Foreign exchange companies are normally distinct from money transfer companies or remittance companies and bureaux de change as they typically perform high-value transfers unlike their money transfer counterparts that focus on high-volume low-value transfers generally by economic migrants back to their home country or to provide cash for travelers. The transactions offered by foreign exchange companies are usually either spot transactions or forward transactions. Some foreign exchange companies, such as Moneycorp and Global Reach, offer foreign exchange options for business clients too. Given t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Of Pakistan
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing Servic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HR Management
HR, Hr or hr may refer to: Arts and media Film and television * ''H.R. Pufnstuf'', a children's television series from 1969 * ''HR'', a 2013 television drama starring Alicia Silverstone * HR, a criminal organisation in the American TV series ''Person of Interest'' Other media * HR (girl group), Japan * Hessischer Rundfunk (Hessian Broadcasting), Germany * ''Homestar Runner'', an Internet cartoon * HyperRogue, a roguelike video game Fictional characters * H. R. Wells, a character from ''The Flash'' television series Business and finance * Human resources, personnel * Human resource management * Ukrainian hryvnia, currency Government and politics * Human rights * High Representative of the Union for Foreign Affairs and Security Policy of the European Union * United States House of Representatives Languages * hr (ISO 639-1 code) for the Croatian language * , a two-letter combination used in some languages ** Reduction of /hr/ to /r/ in Old/Middle English People * H.R. (born ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IT Management
Information technology management or IT management is the discipline whereby all of the information technology resources of a firm are managed in accordance with its needs and priorities. Managing the responsibility within a company entails many of the basic management functions, like budgeting, staffing, change management, and organizing and controlling, along with other aspects that are unique to technology, like software design, network planning, tech support etc. Purpose The central aim of IT management is to generate value through the use of technology. To achieve this, business strategies and technology must be aligned. IT Management is different from management information systems. The latter refers to management methods tied to the automation or support of human decision making. IT Management refers to IT related management activities in organizations. MIS is focused mainly on the business aspect, with a strong input into the technology phase of the business/organization ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internal Auditing
Internal auditing is an independent, objective assurance services, assurance and Consultant, consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of enterprise risk management, risk management, internal control, control and corporate governance, governance processes. Internal auditing might achieve this goal by providing insight and recommendations based on analyses and assessments of data and business Business process, processes. With commitment to integrity and accountability, internal auditing provides value to Board of directors, governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. The scope of internal auditing within an organization may be broad and may involve topi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
