Treasury Department’s Office of Foreign Assets Control

The Office of Foreign Assets Control (OFAC) under the US Treasury Department is a government agency in charge for implementing sanctions against the assets of international terrorist organisations and terrorism-supporting countries. As per an annual report, it had blocked $63 million funds of designated terrorist groups in 2019. These groups include Pakistan-based groups – LeT and JeM. It also included Harkat-ul-Mujahideen-al-Islami, an Islamic extremist group operating in Kashmir.

No comments yet.

Leave a Reply