OFAC Blacklists Pakistanis and UAE (Dubai) entities for global money laundering

Treasury Sanctions Individuals and Entities as Members of the Altaf Khanani Money Laundering Organization


10/11/2016

Action Further Exposes Transnational Criminal Organization Responsible for Laundering Illicit Funds Worldwide
 
WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four individuals and nine entities associated with the Altaf Khanani Money Laundering Organization (Khanani MLO).  The Khanani MLO was designated by OFAC on November 12, 2015 as a Transnational Criminal Organization (TCO) pursuant to Executive Order 13581 (“Blocking Property of Transnational Criminal Organizations”).  The Khanani MLO engages in third-party money laundering by transferring funds to financial institutions on behalf of drug traffickers and TCOs worldwide.
 
“Treasury remains committed to combatting illicit money laundering networks around the world and today’s action is the result of close coordination with our partners in the United Arab Emirates,” said John E. Smith, Acting OFAC Director.  “We will continue to use all of our tools to block the Khanani Money Laundering Organization’s attempts to gain access to the international financial system and hinder the organization’s ability to support criminal activity .”
 
As a result of today's action, any assets of these designated individuals or entities within the United States or in the possession or control of U.S. persons are blocked, and U.S. persons are prohibited from engaging in transactions with these designated individuals and entities.
 
Individuals Supporting the Khanani MLO
 
As part of today’s actions, OFAC designated Obaid Altaf Khanani (Obaid Khanani) and Hozaifa Javed Khanani (Hozaifa Khanani) for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, and having acted for or on behalf of, directly or indirectly, the Khanani MLO.  OFAC also designated Muhammad Javed Khanani (Javed Khanani) and Atif Polani for having acted for or on behalf of, directly or indirectly, the Khanani MLO.  Additionally, Obaid Khanani and Atif Polani were designated for acting for or on behalf of, directly or indirectly, Al Zarooni Exchange.  Al Zarooni Exchange was designated on November 12, 2015 for its ties to the Khanani MLO.
 
Obaid Khanani, the son of Altaf Khanani, served as a senior manager at Al Zarooni Exchange, and holds a leadership role in the Khanani MLO, working with other money launderers following the designation of Al Zarooni Exchange. 
 
Hozaifa Khanani, the nephew of Altaf Khanani, has been involved in real estate investments on behalf of the Khanani MLO.
 
Javed Khanani, the brother of Altaf Khanani, has been heavily involved in laundering criminal proceeds via money service businesses, including Al Zarooni Exchange, for or on behalf of the Khanani MLO.  Javed Khanani has also been involved in the Khanani MLO’s operations in Pakistan. 
 
Atif Polani played a pivotal role in managing Al Zarooni Exchange and moved funds on behalf of the Khanani MLO.
 
Entities Supporting the Khanani MLO
 
As part of today’s action, OFAC also designated Mazaka General Trading L.L.C., Jetlink Textiles Trading, Seven Sea Golden General Trading LLC, Aydah Trading LLC, and Wadi Al Afrah Trading LLC for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or service to or in support of, the Khanani MLO.  General trading companies play an important role in the Khanani MLO, often acting as general payment intermediaries or money transmitters by sending funds to entities on behalf of the Khanani MLO.
 
Finally, OFAC designated Kay Zone General Trading LLC and Landtek Developers for being owned or controlled by Obaid Khanani and Kay Zone Builders & Developers and Unico Textiles for being owned or controlled by Hozaifa Khanani.
 
OFAC took today’s action in coordination with the Drug Enforcement Administration, the Federal Bureau of Investigation, U.S. Customs and Border Protection, National Targeting Center, the Australian Federal Police, and the Australian Criminal Intelligence Commission, as well as the Anti-Money Laundering Unit at Dubai Police General Headquarters and the Central Bank of the UAE.  The U.S. Treasury Department commends the UAE for its partnership in identifying and addressing the risks posed to the UAE, its banking and financial institutions, and the international financial system, by these illicit actors.
 
KHANANI, Hozaifa Javed (a.k.a. KHANANI, Huzaifa Jawed), House No D-85 Block 5, Clifton, Karachi, Pakistan; DOB 04 May 1987; Passport AF6899813 (Pakistan); National ID No. 4220197869815 (Pakistan) (individual) [TCO] (Linked To: KAY ZONE BUILDERS & DEVELOPERS; Linked To: UNICO TEXTILES; Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION).
 
KHANANI, Muhammad Javed (a.k.a. KHANANI, Javaid; a.k.a. KHANANI, Javed; a.k.a. KHANANI, Javed Muhammad; a.k.a. KHANANI, Javeed), D-85 Block, Clifton, Karachi, Pakistan; Third Floor, Penthouse, Osma Terrace PECHS, Flat No 9/1, Block 2, Karachi, Pakistan; DOB 02 May 1961; citizen Pakistan; Passport DW4100432 (individual) [TCO] (Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION).
 
KHANANI, Obaid Altaf (a.k.a. "AHMED, Obaid"), Apt 411 and 412, Juma Al Majid Bldg, Tower B, Al Nadha, Sharjah, United Arab Emirates; 107 Kings Road, Old Trafford, Manchester, Lancashire M16 9WY, United Kingdom; DOB 20 Jul 1987; POB Karachi, Pakistan; Passport BF4108623 (Pakistan) (individual) [TCO] (Linked To: KAY ZONE GENERAL TRADING LLC; Linked To: LANDTEK DEVELOPERS; Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION; Linked To: AL ZAROONI EXCHANGE).
 
POLANI, Atif (a.k.a. POLANI, Atif Abdul Aziz), D-31, Block-5, Clifton, Karachi, Pakistan; Dubai, United Arab Emirates; DOB 09 Jan 1978; Passport KE155664 (Pakistan); National ID No. 42301-4685763-5 (Pakistan) (individual) [TCO] (Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION; Linked To: AL ZAROONI EXCHANGE).
 
The following entities have been added to OFAC's SDN List:
 
AYDAH TRADING LLC (a.k.a. AYDAH TRADING AL AIN), P.O. Box 89103, Dubai, United Arab Emirates; P.O. Box 16524, Al Ain, Abu Dhabi, United Arab Emirates; Rm. 413, Jumma Bldg., Naif Rd., Deira, Dubai, United Arab Emirates [TCO] (Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION).
 
JETLINK TEXTILES TRADING, No. 1004 Dummy Deyar Developer Bldg., P.O. Box 203253, Dubai, United Arab Emirates; P.O. Box 41792, Office No. 1004 Deyaar Developer Building, Business Bay, Dubai, United Arab Emirates; P.O. Box 282158, Dubai, United Arab Emirates; P.O. Box 46584, Sheikh Zayed Road, Dubai, United Arab Emirates; Commercial Registry Number 1144902; License 717783 [TCO] (Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION).
 
KAY ZONE BUILDERS & DEVELOPERS (a.k.a. KAY ZONE BUILDERS AND DEVELOPERS), House #D-85, Block-5, Clifton, Karachi, Pakistan [TCO] (Linked To: KHANANI, Hozaifa Javed).
 
KAY ZONE GENERAL TRADING LLC, Office No. 412, Abdul Ahmed Al Zarouni Building, Deira, Dubai, United Arab Emirates; Registration ID 1046349 (United Arab Emirates); Dubai Chamber of Commerce Membership No. 175229; Trade License No. 626883 (United Arab Emirates) [TCO] (Linked To: KHANANI, Obaid Altaf).
 
LANDTEK DEVELOPERS, 5th Floor, Emerald Tower, G-19, Block-5, Clifton Road, Clifton, Karachi, Pakistan [TCO] (Linked To: KHANANI, Obaid Altaf).
 
MAZAKA GENERAL TRADING L.L.C., 108 Al Safa Tower, Sheikh Zayed Road, P.O. Box 181176, Dubai, United Arab Emirates; PO BOX 181176, Al Souk Al Kabir Rd, Ben Daghen Building 6, Dubai, United Arab Emirates; 108 Al Safa Tower Trade Center, First Land No 23, PO Box No 181176, Dubai, United Arab Emirates; Govt. Of Dubai Real Estate Bldg. Bur, Main, P.O. Box 3162, Dubai, United Arab Emirates; Website http://mazakatrading.com; National ID No. 214774 (United Arab Emirates); Trade License No. 683633 (United Arab Emirates) [TCO] (Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION).
 
SEVEN SEA GOLDEN GENERAL TRADING LLC, Al Qasimiya Street 25022, Sharjah, United Arab Emirates; Ofc. 413, Al Jumma Bldg., Naif Rd., Deira, Dubai, United Arab Emirates [TCO] (Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION).
 
UNICO TEXTILES, S.f. Unit #5, Hub River Road, S.I.T.E., Karachi, Pakistan [TCO] (Linked To: KHANANI, Hozaifa Javed).
 
WADI AL AFRAH TRADING LLC, P.O. Box 40553, Dubai, United Arab Emirates; P.O. Box 39807, Dubai, United Arab Emirates; Flat No. 405 Rahim Al Badri Bldg., Naif Road, Deira, Dubai, United Arab Emirates; Registration ID 620850 (United Arab Emirates) [TCO] (Linked To: ALTAF KHANANI MONEY LAUNDERING ORGANIZATION).
 
To view a chart pertaining to today’s action, click here.