Treasury Sanctions North Koreans Involved in IT-Worker Schemes
NORTH KOREA, JUL 25 – The sanctions target a company and three individuals for evading U.S. and U.N. restrictions and funding North Korea's nuclear and missile programs through covert IT worker schemes.
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US sanctions North Korean company linked to funneling money to weapons programs
The Treasury Department announced it sanctioned a North Korean company on Thursday that helped funnel money to the communist country’s weapons programs. The Korea Sobaeksu Trading Company was sanctioned by the U.S. for its role in avoiding sanctions imposed by…
US sanctions North Korean company linked to funneling money to weapons programs - Washington Examiner
The Treasury Department announced it sanctioned a North Korean company on Thursday that helped funnel money to the communist country’s weapons programs. The Korea Sobaeksu Trading Company was sanctioned by the U.S. for its role in avoiding sanctions imposed by the U.S. and the United Nations. Additionally, the U.S. sanctioned the company for its “efforts to generate revenue clandestinely for the Democratic People’s Republic of Korea government, …
The U.S. Treasury Department announced new sanctions against North Korea on Thursday, July 24, which included three individuals and one company in a report on the agency's website: the North Democratic People's Republic of Korea handed over more than 12 million rounds of 152 mm of ammunition to Russia, a South Korean intelligence report by the United States Department of Foreign Assets Control (OFAC) stated that the Korean trading company Sobaek…
This is reported by the press service of the department.On Thursday, July 24, the United States imposed sanctions against the North Korean company Korea Sobaeksu Trading Company and three of its employees - Kim Se Un, Jo Gyeong Hoon and Myong Chol Min. They participated in circumventing US and UN sanctions. According to the US Treasury, the defendants in the case conducted secret financial transactions in the interests of the DPRK government, in…
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