Kitab Ghar, 4 Dar-el-Iftah, Nazimabad, Karachi, Pakistan;
Office Dha'rb-i-M'unin, Room no. 3, Third Floor, Moti Plaza, near Liaquat Bagh, Murree Road, Rawalpindi, Pakistan;
Jamia Masjid, Sulaiman Park, Begum Pura, Lahore, Pakistan;
Office Dha'rb-i-M'unin, Z.R. Brothers, Katchehry Road, Chowk Yadgaar, Peshawar, Pakistan;
Office Dha'rb-i-M'unin, Top Floor, Dr. Dawa Khan Dental Clinic Surgeon, Main Baxar, Mingora, Swat, Pakistan;
Office Dha'rb-i-M'unin, opposite Khyber Bank, Abbottabad Road, Mansehra, Pakistan;
University Road, Opposite Baitul Mukaram, Gulshan-e Iqbal, Karachi, Pakistan;
Opposite Jang Press, I.I. Chundrigar Road, Karachi, Pakistan;
TE-365, 3rd Floor, Deans Trade Centre, Peshawar Cantt., Pakistan
Official reason
The U.S. Department of the Treasury today added to its list of Specially Designated Global Terrorists (SDGTs) new aliases under which Al Rashid Trust and Al-Akhtar Trust International are operating in an apparent effort to circumvent sanctions imposed by the United States and the United Nations. 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 Usama bin Laden, al Qaida or the Taliban on April 24, 2002. As of mid- 2007, Al Rashid Trust was operating under the name Al Amin Welfare Trust and the other AKAs listed above. Al Rashid Trust, Al-Akhtar Trust International, and the AKAs named today are designated under Executive Order 13224, which targets terrorists, those owned or controlled by or acting for or on behalf of terrorists, and those providing financial, technological, or material support to terrorists or acts of terrorism. Assets these designees hold under U.S. jurisdiction are frozen and U.S. persons are prohibited from engaging in transactions in property or interests in property blocked under the order.
On June 6, 2003, OFAC issued the Global Terrorism Sanctions Regulations, 31 CFR part 594 (68 FR 34196, June 6, 2003 (“the Regulations”), to implement Executive Order (E.O.) 13224 of September 23, 2001, “Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism” (66 FR 49079, September 25, 2001). OFAC has amended the Regulations on several occasions.
On September 9, 2019, the President, invoking the authority of, inter alia, the International Emergency Economic Powers Act (50 U.S.C. 1701–1706) (IEEPA) and the United Nations Participation Act (22 U.S.C. 287c) (UNPA), issued E.O. 13886, “Modernizing Sanctions To Combat Terrorism” (84 FR 48041, September 12, 2019), effective September 10, 2019. In E.O. 13886, the President, finding it necessary to consolidate and enhance sanctions to combat acts of terrorism and threats of terrorism by foreign terrorists, terminated the national emergency declared in E.O. 12947 of January 23, 1995, “Prohibiting Transactions With Terrorists Who Threaten To Disrupt the Middle East Peace Process” (60 FR 5079, January 25, 1995), and revoked E.O. 12947, as amended by E.O. 13099 of August 20, 1998, “Prohibiting Transactions With Terrorists Who Threaten To Disrupt the Middle East Peace Process” (63 FR 45167, August 25, 1998). In addition, the President amended E.O. 13224, in order to build upon initial steps taken in E.O. 12947, to further strengthen and consolidate sanctions to combat the continuing threat posed by international terrorism, and in order to take additional steps to deal with the national emergency declared in E.O. 13224, with respect to the continuing and immediate threat of grave acts of terrorism and threats of terrorism committed by foreign terrorists, which include acts of terrorism that threaten the Middle East peace process.
Section 1 of E.O. 13886 replaces in its entirety section 1 of E.O. 13224, which had been amended by a number of prior Executive orders (E.O. 13224, as amended by all such authorities, is referred to herein as “amended E.O. 13224”), but does not amend the Annex to E.O. 13224, which was previously amended by E.O. 13268 of July 2, 2002, “Termination of Emergency With Respect to the Taliban and Amendment of Executive Order 13224 of September 23, 2001” (67 FR 44751, July 3, 2002) (“amended Annex to E.O. 13224”).
