EU to set up authority to tackle money laundering outfits like Kinahan cartel

It comes amid calls to sanction the UAE if the Arab state does not extradite the Kinahans who reside there.
EU to set up authority to tackle money laundering outfits like Kinahan cartel

The Kinahan gang is now added to a list of top criminal threats to US national security, joining the Italian mafia and ultra-violent Mexican cartels.

Mairead McGuinness says a new EU authority will help tackle money laundering in light of new sanctions against the Kinahan crime cartel.

A US government reward of up to $5m each for the arrest of cartel founder Christopher Kinahan, boss Daniel Kinahan, and brother Christopher Jr or for information that will disrupt cartel activities was announced this week.

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