{"id":93523,"date":"2022-04-12T10:50:56","date_gmt":"2022-04-12T05:20:56","guid":{"rendered":"https:\/\/centralrecorder.com\/daniel-kinahan-sources-large-quantities-of-cocaine-sanctioned-by-us\/"},"modified":"2022-04-12T10:50:56","modified_gmt":"2022-04-12T05:20:56","slug":"daniel-kinahan-sources-large-quantities-of-cocaine-sanctioned-by-us","status":"publish","type":"post","link":"https:\/\/centralrecorder.com\/daniel-kinahan-sources-large-quantities-of-cocaine-sanctioned-by-us\/","title":{"rendered":"Daniel Kinahan &#8216;Sources Large Quantities of Cocaine;&#8217; Sanctioned by US"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/centralrecorder.com\/wp-content\/uploads\/2022\/04\/Daniel-Kinahan-Sources-Large-Quantities-of-Cocaine-Sanctioned-by-US.jpeg\" alt=\"\" title=\"\"><\/p>\n<div>\n<ul class=\"summary-list summary-list-variant\">\n<li>One of boxing&#8217;s most powerful figures is named in a new, damning report from the US Treasury.<\/li>\n<li>Daniel Kinahan &#8220;sources large quantities of cocaine from South America,&#8221; the report said.<\/li>\n<li>Dubai-based Kinahan has never been convicted of a crime.<\/li>\n<\/ul>\n<div class=\"inline-newsletter-signup \n                        headline-regular loading\" id=\"formContainer\" data-component-type=\"inline-newsletter-module\" data-event-label=\"morning_brew\" data-list=\"Morning Brew\" data-acq-source=\"morningbrew\" data-origin=\"MorningBrew\" data-campaign=\"sports\"><\/p>\n<section class=\"inline-newsletter-content\">\n<\/section><\/div>\n<p>One of boxing&#8217;s most powerful figures, Daniel Kinahan, has been sanctioned by US Treasury for his alleged role in large-scale cocaine trafficking, according to a damning new report.<\/p>\n<p>Kinahan, 44, rose from a regional combat sports promoter in Ireland to one of the biggest names in the sport. The Dubai-based Irishman \u2014 who has never been convicted of a crime \u2014 manages some of the sport&#8217;s most prominent athletes, including Terence Crawford, Tyson Fury, and Josh Taylor.\u00a0<\/p>\n<p>But according to the US Treasury, Kinahan is also the figurehead of the Kinahan Organized Crime Group. The KOCG &#8220;smuggles deadly narcotics, including cocaine, to Europe, and is a threat to the entire licit economy through its role in international money laundering,&#8221; said Undersecretary for Terrorism and Financial Intelligence, <a href=\"https:\/\/home.treasury.gov\/news\/press-releases\/jy0713\" target=\"_blank\" rel=\"noopener\" data-analytics-module=\"body_link\">Brian E. Nelson.<\/a>\u00a0<\/p>\n<p>The KOCG allegedly has interests in hard drugs and weapons, and \u2014 according to a special criminal court \u2014 specializes in <a href=\"https:\/\/www.bbc.co.uk\/news\/world-europe-52835541\" target=\"_blank\" rel=\"noopener\" data-analytics-module=\"body_link\" data-analytics-post-depth=\"20\" data-uri=\"41e81bbe437ce0a9b4470f9f77437c04\">execution-style murders<\/a>, as previously detailed by Insider.<\/p>\n<p>In a statement, Nelson said:\u00a0&#8220;Criminal groups like the KOCG prey on the most vulnerable in society and bring drug-related crime and violence, including murder, to the countries in which they operate.&#8221;<\/p>\n<p>According to the Treasury, Kinahan instructed KOCG members to send money to numerous individuals serving prison sentences, including a person &#8220;imprisoned for murder on behalf of the KOCG.&#8221; It added that Kinaham secured massive amounts of &#8220;cocaine from South America,&#8221; organized its supply into Ireland, and attempted to import it into the UK as well.<\/p>\n<h2>The US sanctions Kinahan and the KOCG<\/h2>\n<p>The US has imposed sanctions on prominent members of the KOCG hierarchy as it targets transnational shipments of drugs.<\/p>\n<p>The sanctions mean property or interests of designated individuals or entities must be blocked and reported to the Office of Foreign Assets Control.<\/p>\n<p>Kinahan, and the UAE-based sports management company Hoopoe Sports, are listed as under the sanctions. Hoopoe Sports is one of three businesses named by the US Treasury as &#8220;Kinahan associates.&#8221;\u00a0<\/p>\n<p>Hoopoe Sports lists five boxers as clients according to its website: Paddy Barnes, Jamie Conlan, Michael Conlan, Hughie Fury, and Billy Joe Saunders.<\/p>\n<p>Hughie Fury is a cousin of Tyson Fury, who is advised by Kinahan. Saunders has spoken glowingly of Kinahan many times.<\/p>\n<p>&#8220;I have known Daniel Kinahan a long time,&#8221; Saunders tweeted in 2021, <a href=\"https:\/\/www.irishmirror.ie\/sport\/other-sport\/boxing\/billy-joe-saunders-makes-statement-23446946\" target=\"_blank\" rel=\"noopener\" data-analytics-module=\"body_link\">according to The Mirror<\/a>. &#8220;I have always had a very positive relationship with him. I am aware of the allegations made against him but I simply do not accept them.&#8221;<\/p>\n<p>The sanctions also mean <\/p>\n<p>                        <span class=\"component rich-tooltip reference-autolinker no-help\" data-component-type=\"reference-autolinker\"><br \/>\n                          <a data-site=\"ii\" data-keyword=\"US banks\" data-analytics-product-module=\"Auto-Linker\" data-analytics-product-area=\"link\" href=\"https:\/\/www.insiderintelligence.com\/insights\/largest-banks-us-list\/\" data-analytics-module=\"body_link\" rel=\"noopener\">US banks<\/a><br \/>\n                          <span style=\"font-size: 0px;\"><\/span><br \/>\n                        <\/span>, financial institutions, and other companies are prohibited from doing business with KOCG members, Kinahan included.<\/p>\n<p>Kinahan&#8217;s legal representatives in the US and the UK did not immediately respond to Insider&#8217;s request for comment.\u00a0\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>One of boxing&#8217;s most powerful figures is named in a new, damning report from the US Treasury. Daniel Kinahan &#8220;sources large quantities of cocaine from South America,&#8221; the report said. Dubai-based Kinahan has never been convicted of a crime. One of boxing&#8217;s most powerful figures, Daniel Kinahan, has been sanctioned by US Treasury for his [&hellip;]<\/p>\n","protected":false},"author":51,"featured_media":93524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,3,105,106],"tags":[],"jetpack_featured_media_url":"https:\/\/centralrecorder.com\/wp-content\/uploads\/2022\/04\/Daniel-Kinahan-Sources-Large-Quantities-of-Cocaine-Sanctioned-by-US.jpeg","_links":{"self":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts\/93523"}],"collection":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/comments?post=93523"}],"version-history":[{"count":0,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/posts\/93523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/media\/93524"}],"wp:attachment":[{"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/media?parent=93523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/categories?post=93523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centralrecorder.com\/wp-json\/wp\/v2\/tags?post=93523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}