Overview

• OFAC designated Sadiq Abbas Habib Sayyed, Khizar Mohammad Iqbal Shaikh, and Shaikh’s KS International Traders (also known as KS Pharmacy).
• U.S. authorities say the network pushed hundreds of thousands of pills marketed as legitimate medicines that instead contained fentanyl, a fentanyl analogue, and methamphetamine.
• Investigators allege the pair used encrypted messaging platforms and worked with traffickers in the Dominican Republic and the United States to reach American buyers.
• Both men were indicted in September 2024 in the Southern District of New York on narcotics charges, and officials say Shaikh kept operating KS International Traders afterward.
• Sanctions block property in the United States, prohibit dealings by U.S. persons, extend to entities 50% or more owned by designees, and carry potential civil or criminal penalties for violations.