Measures to freeze assets of three proscribed extremist organisations | Daily News

Measures to freeze assets of three proscribed extremist organisations

Three proscribed extremist organisations, the ‘National Thowheed Jama’ath’ (NTJ), ‘Jama’athe Milla’athe Ibrahim’ (JMI) and ‘Willayath As Seylani’ have been listed under local regulations giving effect to the UN Security Council Resolution dealing with terrorist financing and asset freezing.

The Gazette Extraordinary in this regard had been issued by Defence Secretary Rtd General Shantha Kottegoda last week.

Accordingly, institutions are obliged to have measures in place to identify and freeze funds, financial assets or economic resources of the above three organisations, which were behind the Easter Sunday terrorist attacks.

UN Resolutions require countries to immediately freeze funds, financial assets or economic resources of individuals and entities who are designated by the United Nations Security Council based on such person’s/entity’s connections with terrorism and terrorist financing. Further, countries should ensure that no funds, financial assets or economic resources are made available to or for the benefit of such designated persons or entities or their beneficiaries.

 


 

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