CEO Bob Yalen resigns from MTK Global

Press Release

19/04/2022

CEO Bob Yalen resigns from MTK Global

The fallout from the United States government's actions against Daniel Kinahan continues as MTK Global, an organization with alleged close ties to Kinahan, issued the following statement: "We regret to announce that Bob Yalen has today stepped down as CEO of MTK Global for personal reasons. We would like to thank him for all of his efforts on behalf of the business and his leadership of our team. Yalen said: “I am incredibly proud of the success of MTK Global and I feel privileged to have served as President and CEO since 2018. However, the pressure of the last few weeks has been particularly intense. I need to consider the impact on myself and my family. So after four years leading MTK, I think it’s time for me to step aside to take on new challenges.”
 
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April 13th Press Release from U.S. Department of State: The U.S. Department of State announced rewards of up to $5 million for information leading to each of the arrests and/or convictions of Irish transnational organized criminal Christopher Vincent Kinahan and his two sons, Daniel Joseph Kinahan and Christopher Kinahan, Jr., for participating in, or conspiring to participate in, transnational organized crime.  After initially distributing South American cocaine and heroin in Ireland, the Kinahans later expanded their narcotics trafficking organization to include the United Kingdom and then throughout mainland Europe.  In addition to narcotics trafficking, the Kinahans have engaged in money laundering, firearms trafficking, and murder." EDITOR'S NOTE: Daniel Kinahan is widely reported to be a key figure in MTK Global, the boxing management organization, as well as an advisor to WBC heavyweight champion Tyson Fury.