In major drug bust, Pakistani authorities seize 26.5 kilograms of Malaysia-bound ice

A Belgian customs officer finds crystal meth in a children's toy at Brussels Airport in Zaventem on April 6, 2023. (AFP/File)
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Updated 06 June 2023
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In major drug bust, Pakistani authorities seize 26.5 kilograms of Malaysia-bound ice

  • Pakistan is geographically vulnerable to drug trafficking due to its borders with Afghanistan, world’s largest producer of opium 
  • Pakistan’s anti-narcotics force says smugglers from Karachi were trying to dispatch the drug ‘under the guise of exporting salt’ 

ISLAMABAD: Pakistan’s Anti-Narcotics Force (ANF) has seized 26.5 kilograms of crystal methamphetamine, or ice, in a major drug bust in the country’s south, the ANF said on Tuesday. 

Meth is a powerful, highly addictive stimulant that affects the central nervous system of a user, while it is illegal to possess such intoxicants under Pakistan’s Control of Narcotic Substances (Amendment) Act, 2022 due to their high potential for abuse. 

The ANF seized the sizeable cache during a raid at the Karachi International Container Terminal, according to an ANF spokesperson. 

“The anti-narcotics force has carried out a big operation at the Karachi International Container Terminal and seized 26.5 kilograms of ice from a container,” the spokesperson said in a statement. 

“Smugglers were trying to transport the drug to Malaysia by sea under the guise of salt.” 

The consignment was hidden in special boxes secretly embedded into the floors of the container, the ANF said, adding it was taking further action against those involved in the smuggling bid. 

Pakistan is part of a transit route in the lucrative drug smuggling trade due to its proximity with Afghanistan, the world’s largest producer of opium. 

Despite the Taliban administration imposing a ban on the cultivation, production, and trafficking of all illicit narcotics, experts say the land-locked country has become a significant supplier of crystal meth in recent years, according to a report by Radio Free Europe. 

Pakistani authorities seize hundreds of metric tons of narcotics annually, but a seizure of such a huge quantity of a high-end drug like meth is rare. 


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 49 min 49 sec ago
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Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.