Kinahan, the founder of boxing advertising company MTK Global, has been sanctioned by the US government for cracking down on the family’s activities
Boxing consultant Daniel Kinahan has been sanctioned by the US government and named as a member of an organized crime group accused of cocaine smuggling.
Kinahan has close ties to the boxing world having acted as a consultant Tyson Fury and Billy Joe Saunders. The crime boss founded MTK Global in 2012, an advertising company that manages top boxers like Josh Taylor and Michael Conlan, but has since severed ties with Kinahan.
The 44-year-old was placed on a list by the US Treasury Department’s Office of Foreign Assets Control (OFAC) along with his father Christopher Kinahan Sr., brother Christopher Kinahan Jr. and four other of its key members.
The US State Department has also offered a reward of up to $5 million (£3.8 million) for information leading to the “financial disruption” of the Kinahan gang or the arrest of their leaders. “The Kinahan Organized Crime Group (KOCG) smuggles deadly narcotics, including cocaine, into Europe and poses a threat to the entire legal economy through its role in international money laundering,” said Undersecretary for Terrorism and Financial Intelligence Brian E. Nelson.
“The KOCG emerged in the late 1990s and early 2000s as the most powerful organized crime group operating in Ireland. Since then, Irish courts have concluded that the KOCG is a murderous organization involved in the international trade in drugs and firearms.
“Criminal groups like the KOCG prey on the most vulnerable in society, bringing drug-related crime and violence, including murder, to the countries in which they operate.”
The investigation also uncovered how the Kinahans use Dubai as a “facilitation hub” for their activities. It also describes how the organized crime group has been described as a “major transnational criminal organization”.
Kinahan’s latest step in boxing has resulted in him signing 6’8″ bodybuilder Martyn Ford, also known as the “world’s most terrible man.” Ford said the signing marks the “most powerful man” in boxing was a “child’s play” for him.
Sanctions were also imposed on three companies linked to the family. This means that US banks, financial institutions and other organizations can no longer cooperate with the members of the criminal group or the companies affected by the sanctions.
Any money, assets, or credit cards the Kinahans have in the US or in US banks can be blocked and they cannot fly on US airlines. US property on behalf of the Kinahans must also be suspended and reported to OFAC.
https://www.mirror.co.uk/sport/boxing/daniel-kinahan-named-part-organised-26691598 Daniel Kinahan has been named as part of the organized crime group accused of drug smuggling