Search For "frozen funds"
Amid economic struggles in China, police seize assets target business owne
Updated : 1 year, 6 months ago IST
Amid China's economic struggles, police are increasingly seizing assets from private businesses, demanding payments in exchange for releasing frozen funds. Business owners report widespread extortion, with the practice of "offshore fishing" growing as a source of revenue for local government
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Frozen Palestinian funds earmarked for Gaza to be transferred to Norway
Updated : 2 years, 4 months ago IST
Israel's Security Cabinet approved a plan to transfer frozen funds earmarked for the Palestinian Authority to Norway on Sunday amid a battle over Ramallah's financial support for the Gaza Strip Under the terms of an agreement endorsed by Norway and the US, Norway will not transfer the frozen
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Taliban deplores US' decision to transfer frozen Afghan funds into Swiss-b
Updated : 3 years, 8 months ago IST
Kabul [Afghanistan], September 18 (ANI): Taliban on Thursday condemned the decision of the Biden administration to transfer the frozen Afghan funds into a Swiss-based trust and said that the US is violating international norms.
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Jimmy Lai to plead not guilty in national security case
Updated : 3 years, 9 months ago IST
Hong Kong, August 23 (ANI): Hong Kong media tycoon Jimmy Lai is set to plead not guilty and stand trial under the city's severe national security law, Hong Kong Free Press (HKFP) reported.
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Owing to international pressure US to discuss over frozen funds to Kabul
Updated : 3 years, 9 months ago IST
Kabul [Afghanistan], August 23 (ANI): Owing to tremendous pressure from the international community, US President Joe Biden's administration is likely to initiate talks on the release of frozen funds to uplift the faltering economy of Afghanistan, Khaama Press reported citing sources.
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China's economy at risk with banks witnessing rise in non-performing asset
Updated : 3 years, 9 months ago IST
Beijing [China], July 27 (ANI): Chinese bank depositors, who are protesting against their inability in getting their frozen funds back, are now boycotting the mortgages payment which in turn is increasing the non-performing assets (NPA) of the banks giving a major blow to the country's econo
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Chinese financial watchdog official faces probe amid law violations
Updated : 3 years, 10 months ago IST
Zhengzhou [China], July 24 (ANI): A senior official, Li Huanting, who worked under the Chinese financial watchdog's provincial bureau is facing a probe for serious law violations, a local media report said.
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Chinese provincial bureau promises to repay victims of banking scam
Updated : 3 years, 10 months ago IST
Zhengzhou [China], July 22 (ANI): In order to placate the Henan bank protestors, the provincial financial supervision bureau has published a notice that they will repay the victims of the recent banking scam, local media reported.
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Chinese tanks roll on streets to scare Henan Bank protestors
Updated : 3 years, 10 months ago IST
Zhengzhou [China], July 20 (ANI): The Chinese Communist Party's tanks on Wednesday rolled on the streets to scare Henan bank protestors amid large-scale protests in the province by bank depositors over the release of frozen funds.
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Haqqani calls on US to release USD 7 billion Afghan frozen funds
Updated : 3 years, 10 months ago IST
Kabul [Afghanistan], July 17 (ANI): Afghanistan's acting interior minister Sirajuddin Haqqani said that the ban on USD 7 billion Afghanistan's assets was unjust and called on the US to release the assets.
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China: Police disguises as commoner to suppress protestors demanding relea
Updated : 3 years, 10 months ago IST
Zhengzhou [China], July 14 (ANI): Amid large-scale protests in Henan province by bank depositors over the release of frozen funds, white-clothed men, who are suspected to be from the Chinese People's Armed Police Force, suppressed the protests in front of the Zhengzhou People's Bank of China
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US, Taliban to hold talk in Doha on Afghan frozen funds
Updated : 3 years, 10 months ago IST
Kabul [Afghanistan], June 30 (ANI): The Taliban official Amir Khan Muttaqi, along with his delegation, left for Qatar on Wednesday to discuss with the US officials the release of withheld Afghan assets worth USD 9 billion amid country's struggles with famine and poverty.
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