Pakistan based Masood Azhar is also banned from selling or purchasing arms and ammunition. The UN sanctions committee on the Islamic State and Al-Qaeda on Wednesday announced the designation of Azhar, leader of Jaish-e-Mohammed (JeM), over its ties to Al-Qaeda.
The JeM has claimed responsibility for the Pulwama suicide attack that killed 40 CRPF soldiers and led to a spike in military tensions between India and Pakistan.
The Security and Exchange Commission of Pakistan (SECP) ordered all non-banking financial institutions and regulating authorities on Thursday to block all investment accounts of Azhar.
The SECP ordered that all companies should scan their data and inform the SECP within three days about the necessary action being taken against the accounts of Azhar.
An official of interior ministry said that Azhar was already on the Fourth Schedule of the Anti-Terrorist Act (ATA) and could not travel without permission of the police. He was also barred from having any weapons due to the listing under the ATA.
His name was also already on the list of proscribed persons maintained by the National Anti-Terrorist Authority (NACTA). According to Foreign Office spokesman Mohammad Faisal, Pakistan would fully cooperate with the international community.
Pakistan's foreign ministry, in a notification issued Wednesday said: "the Federal Government is pleased to order that the Resolution 2368 (2017) be fully implemented" against Azhar.
The government directed officials to take actions "as appropriate for the implementation of sanctions" against the JeM chief, according to the notification. The UN designated Azhar as a "global terrorist" after China lifted its hold on a proposal by the US, the UK and France to blacklist him.
The US, the UK and France had moved the proposal to designate Azhar as a "global terrorist" in the UN Security Council's 1267 Al Qaeda Sanctions Committee in February, just days after the deadly Pulwama terror attack carried out by the JeM in Jammu and Kashmir.
Pakistan foreign office spokesman Mohammad Faisal on Wednesday said that Pakistan would "immediately enforce the sanctions" imposed on Azhar.
A veto-wielding permanent member of the UNSC, China was the sole hold-out in the 15-nation body on the bid to blacklist Azhar, blocking attempts by placing a "technical hold" and asking for "more time to examine" the proposal.
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Pakistan has issued an official order to freeze the assets of and impose a travel ban on JeM chief Masood Azhar after the UN declared him a global terrorist

JeM chief Masood Azhar's assets to be freezed by Pakistan govt

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Home / News / India News / Article / JeM chief Masood Azhar's assets to be freezed by Pakistan govt

JeM chief Masood Azhar's assets to be freezed by Pakistan govt

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