US sanctions leadership of terrorist group

WASHINGTON (AP) — The Treasury Department is sanctioning a leader and a financial network used by a terrorist group based in Pakistan.

The U.S. on Wednesday sanctioned Muhammad Iqbal and Asma Money Exchangers for their suspected ties to Lashkar-e-Taiba (lash-kar ee-TIE-ba). The terrorist group is blamed for a 2008 attack in Mumbai, India, in which Pakistani militants killed 166 people.

Undersecretary for Terrorism and Financial Intelligence David Cohen says Iqbal uses his business to conduct financial transactions on behalf of the terrorist organization and its affiliates.

The action freezes any assets they might have in U.S. jurisdiction and bans U.S. citizens from doing business with them.