WASHINGTON: The US has blacklisted four Pakistani nationals and nine companies for laundering money of drug traffickers for criminals worldwide.
Obaid Khanani, Huzaifa Khanani, Javed Khanani and Atif Polani were blacklisted by the US Treasury Department. The four persons' nine companies
Their companies were engaged in third-party money laundering by transferring funds to financial institutions on behalf of drug traffickers worldwide, the Treasury Department said in a statement.
Any assets of the four persons or their entities in the US are blocked by the officials. US nationals are also prohibited from engaging in transactions with them.
The companies, set up in Pakistan and the UAE, used to launder the money of drug dealers for criminals worldwide.
"Treasury remains committed to combating illicit money laundering networks around the world and today's action is the result of close coordination with our partners in the UAE," said John E Smith, Acting Director of Treasury Department.
Obaid Khanani, Huzaifa Khanani, Javed Khanani and Atif Polani were blacklisted by the US Treasury Department. The four persons' nine companies
Their companies were engaged in third-party money laundering by transferring funds to financial institutions on behalf of drug traffickers worldwide, the Treasury Department said in a statement.
Any assets of the four persons or their entities in the US are blocked by the officials. US nationals are also prohibited from engaging in transactions with them.
The companies, set up in Pakistan and the UAE, used to launder the money of drug dealers for criminals worldwide.
"Treasury remains committed to combating illicit money laundering networks around the world and today's action is the result of close coordination with our partners in the UAE," said John E Smith, Acting Director of Treasury Department.
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