Hussain was being investigated for money laundering worth at least 400,000 pounds as well as for incitement to violence and MQM leader Dr Imran Farooq’s murder.
The Karachi Stock Exchange (KSE-100 index) fell 780 points immediately after the news came and commercial centres across Sindh's provincial capital started to shut down.
MQM leader Farogh Naseem however said that Hussain had not been arrested and Scotland Yard only needed him for a statement in relation to a case.
Last week, senior MQM leader Farooq Sattar had disclosed at a public meeting that Hussain’s bank accounts in London were being frozen and had asked party workers and supporters to continue their ‘peaceful struggle’ against the British government.
Hussain, who has been living in London for over two decades and is now a British citizen, did not address that meeting held to condemn money-laundering investigations against him by UK authorities.
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