Monday , November 28 2016
Home / Top Stories / US says arrested D-company’s financier, will US able to nab Underworld Don?

US says arrested D-company’s financier, will US able to nab Underworld Don?

dawoodd

The arrest of Altaf Khanani, a well known cash-changer, by the United States of America authorities have raises many question on underworld don Dawood Ibrahim arrest.

US authorities on Friday said that Altaf Khanani was arrested on September 11, by the US Drug Enforcement Administration.

Altaf Khanani is known to have had relationships with Lashkar-e-Tayyiba, Dawood Ibrahim, al Qaeda, and Jaish-e-Mohammed. Interestingly, the US has robust proof to show that Khanani is Dawood Ibrahim’s largest financier.

On November 13, 2015, the US slapped sanctions on Pakistan-based mostly Khanani Money Laundering Organization and its affiliate, Dubai-based mostly cash providers agency Al Zarooni Exchange.

US Office of Foreign Assets Control (OFAC) said in a statement that, “The Khanani MLO facilitates illicit money movement between Pakistan, the United Arab Emirates (UAE), United States, United Kingdom, Canada, Australia, and other countries, and is responsible for laundering billions of dollars in organized crime proceeds annually,”.

Further, the statement accused Khanani Money Laundering Organization (MLO) of drug trafficking organizations and designated terrorist groups throughout the world.

According to Zee News the arrest of Khanani has affected the D-firm’s business badly. It is now has to see whether the arrest of financier leads to the arrest of Underworld Don.