US bars its citizens from making donations to Pak groups!

Washington, July 03: The Bush administration has accused two already blacklisted Pakistan-based groups of operating under "new aliases" and barred all Americans from doing business with the groups. The Treasury Department has identified numerous alleged aliases for Al Rashid Trust and Al-Akhtar Trust International, groups which were formerly associated with assisting the al-Qaida. The designation means any assets found in the United States are frozen and Americans are barred from making donations or otherwise doing business with the groups. "We are very concerned about designated entities reconstituting themselves under new names in attempts to circumvent sanctions and continue funneling money to terrorist activities," Adam J Szubin, Director of the Office of Foreign Assets Control (OFAC) of the Department of Treasury said.... [read full story]