LATEST Daniel Kinahan hit with fresh blow as UAE freezes his bank accounts
Crime boss Daniel Kinahan has been hiding out in UAE in recent years
April 21 2022 03:15 PM
CARTEL boss Daniel Kinahan has been dealt another massive blow with the freezing of his assets by the United Arab Emirates.
Kinahan has been hiding out in the Gulf state in recent years, safe in the knowledge that they do no have an extradition agreement in place with Ireland.
However the UAE has now landed its own blow in the aftermath of the United States putting up a $5m reward for anyone who helps to disrupt his drugs business.
According to the Financial Times, authorities in UAE now say they are investigating the Kinahan crime gang along with officials in Ireland, the US, UK and Spain.
“The relevant authorities co-operate closely on cases involving foreign elements, in line with the UAE’s international commitments and national legal framework for combating illicit activity,” the government said.
The asset freeze is reported to include all personal and corporate bank accounts, one person briefed on the matter in the UAE said.
Daniel Kinahan in profile
Gardaí estimate the criminal enterprise is worth more than €1bn.
Daniel Kinahan has repeatedly denied involvement in organised crime and in recent years has attempted to built a reputation as a major player in the boxing world.