The US blocked more than $46 million in funds of designated terrorist groups, including Pakistan-based outfits, until the last year as part of its crackdown on foreign terrorist organisations and individuals, according to an annual report. The report released by the US Department of Treasury states the US blocked nearly $400,000 in funds of the Lashkar-e-Taiba (LeT) and $1,725 of the Jaish-e Mohammed.
The Department of Treasury’s Office of Foreign Assets Control (OFAC) is the leading US Government agency responsible for implementing sanctions against the assets of international terrorist organisations and terrorism-supporting countries.
The federal body implements these sanctions as part of its general mission to administer and enforce economic and trade sanctions based on US foreign policy and national security goals.
According to the report, till 2018, the US blocked more than $ 46.1 million in funds of designated terrorist groups and individuals, an increase of about $2.5 million than that of $43.6 million in 2017.
