Wednesday, July 27, 2011

USA Puts Yakuza Groups on Crime Sanctions List

The White House unveiled Monday a new strategy to combat organised crime, putting the Japanese yakuza and three other international crime groups on a list under which the US will freeze their financial assets and block entry of their members into the country.

President Barack Obama said that the expanding size, scope and influence of transnational organised crime and its impact on U.S. and international security and governance represents one of the most significant challenges in the 21st century.

"We encourage our partners and allies to echo the commitment we have made here and join in building a new framework for international cooperation to protect all our citizens from the violence, harm, and exploitation wrought by international organised crime," Obama said.

David Cohen, undersecretary of treasury for terrorism and financial intelligence, told reporters that about 80,000 people are estimated to be members of Japanese crime syndicates and involved in a variety of crime such as drug trafficking and arms smuggling.

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