- The US is offering $5 million for information that leads to Daniel Kinahan's arrest.
- Kinahan is one of the most powerful figures in world boxing. He is also a suspected drug baron.
- The news follows sanctions against Kinahan by the US Treasury Department announced Monday.
The United States government is offering a reward of up to $5 million for information that could lead to the financial disruption, arrest, or conviction of Daniel Kinahan — an alleged gang lord.
The news was announced Tuesday at a Dublin press conference, and follows sanctions from the US Treasury earlier this week.
A statement from the US government Monday said Kinahan "sources large quantities of cocaine from South America" to distribute in Ireland.
The 44-year-old Dubai-based Irishman is one of the most powerful figures in boxing, and reportedly advises world heavyweight champion Tyson Fury, welterweight titleholder Terence Crawford, and undisputed light heavyweight world champion Josh Taylor.
Insider sought comment from Kinahan's legal representatives in the UK and the US but did not immediately receive a response.
This is a developing story ...