Khanani and Kalia Int.

KKI was founded on 30 April 1992 as a joint venture between the Khanani brothers (Altaf Khanani and Javed Khanani) and the Kalia brothers (Hanif S. Kalia and Abdul Kalia). The Kalia brothers ran the Kalia Group of companies founded by Hanif and run by his younger brother Abdul. The Kalia Group was founded in July 1983 as Kalia and Sons to trade and deal in prize bonds. Later it expanded and became the Kalia Group.

KKI offered a number of services including currency exchange, home remittance, outward remittance, and business administration. The company had branches in Karachi, Lahore and Islamabad, and a franchises networked all over Pakistan. The company also had foreign branches in London, Glasgow, Sydney, New York, Toronto, Montreal, Scarborough, Ontario, Vancouver, Kuwait City, Bahrain, and Qatar.

KKI was part of the Kalia Group which also provided services including management consultancy, internal auditing, IT management, HR management, business administration, marketing, and R&D on behalf of clients. It funded Dawood Ibrahim’s D-Company and had links with Dawood. It also funded militant organisations such as Lashkar-e-Taiba, Jaish-e-Mohammed and Kashmiri Militants along with terrorist attacks such as 2008 Mumbai attacks, while having links with Inter-Services Intelligence.

KKI was reported to have made counterfeit Indian currency, which was done under Javed Khanani. He died in December 2016 after falling from a building, though it was unclear whether it was a suicide or murder. His death came weeks after demonetisation took place in India.