US bars its citizens from making donations to Pak groups
The Bush administration has accused two already blacklisted Pakistan-based groups of operating under "new aliases" and barred all Americans from doing business with the groups.
By PTI |
WASHINGTON: The Treasury Department has identified numerous alleged aliases for Al Rashid Trust and Al-Akhtar Trust International, groups which were formerly associated with assisting the al Qaeda.
The designation means any assets found in the United States are frozen and Americans are barred from making donations or otherwise doing business with the groups.
"We are very concerned about designated entities reconstituting themselves under new names in attempts to circumvent sanctions and continue funneling money to terrorist activities," Adam J Szubin, Director of the Office of Foreign Assets Control (OFAC) of the Department of Treasury said.
"OFAC will continue to put the public on notice when we find that a designated entity is trying to operate under the cloak of a new alias," he added.
According to the Treasury Department, the Al Rashid Trust has different aliases like the Al Amin Welfare Trust, the Al Amin Trust; Al Ameen Trust; and the Al Madina Trust.
Al Rashid Trust was designated on September 23, 2001, in the Annex to Executive Order 13224 and was added to the UN 1267 Committee's List of individuals and entities associated with Osama bin Laden, al Qaeda or the Taliban on April 24, 2002. As of mid-2007, it was operating under the name Al Amin Welfare Trust.
Al Rashid Trust was designated on September 23, 2001, in the Annex to Executive Order 13224 and was added to the UN 1267 Committee's List of individuals and entities associated with Osama bin Laden, al Qaeda or the Taliban on April 24, 2002. As of mid-2007, it was operating under the name Al Amin Welfare Trust.
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