asset freeze
UK Implements First Domestic Counter-Terrorism Sanctions Against Pro-Khalistan Financier and Group
Dec 06, 2025 09:48 am CST
The UK government has sanctioned British Sikh businessman Gurpreet Singh Rehal and the group Babbar Akali Lehar under its Domestic Counter-Terrorism Regime for financing the pro-Khalistan terrorist organization Babbar Khalsa. The sanctions include asset freezes and director disqualification, marking the first use of these powers to disrupt terrorist funding. Rehal, previously linked to Panjab Warriors sports investment firm which recently purchased Morecambe FC, is now disassociated from these organizations according to their joint statement.
ED Freezes Rs 523 Crore in Assets of Online Gaming Firms WinZO and Gameskraft Following Money Laundering Investigation
Nov 25, 2025 01:04 am CST
The Enforcement Directorate has frozen Rs 523 crore in assets belonging to gaming companies WinZO and Gameskraft for allegedly retaining customer funds after India's real-money gaming ban. The investigation revealed potential money laundering activities, unauthorized use of algorithms, and cross-border financial diversions through shell companies, with both firms operating real-money games domestically and internationally.
Zelensky Imposes Sanctions on Former Associate in $100-Million Energy Sector Corruption Scandal
Nov 13, 2025 10:27 pm CST
Ukrainian President Volodymyr Zelensky has sanctioned his former business associate Timur Mindich over a major corruption scandal involving $100 million siphoned from Ukraine's war-damaged energy sector. This action follows the dismissal of energy and justice ministers and includes asset freezes and business restrictions as Ukraine addresses internal corruption while fighting external aggression.