The Government has hailed the “tightening of the net” on the Kinahan cartel as it emerged authorities in Dubai have frozen the gang’s corporate and personal assets and bank accounts.
The move by officials in the United Arab Emirates follows the imposition of US sanctions against the cartel two weeks ago and has left the Kinahans even more isolated.
The Emirati government did not reveal the extent of the asset seizure, or whether it included the up to $8million paid by boxing promoter Bob Arum to Kinahan for his role as an “advisor” to star Tyson Fury.
