On Wednesday last week, the United States announced sanctions against six individuals and two entities based in Russia, China and the United Arab Emirates for funneling funds to North Korea’s weapons programs.
The US Treasury Department and the South Korean Foreign Ministry said in a statement that this step was taken in coordination between the two countries.
According to Reuters, the names of the six people are: Yu Pu Ung, Ri Tong Hyok, Han Chol Man, O In Chun, Jong Song Ho and Jon Yon Gun.
The entities to be sanctioned are Alis LLC, based in Vladivostok, Russia, and Pioneer Bencont Star Real Estate, based in the UAE.
It was announced that both companies are affiliated with Chinyong Information Technology Cooperation Co, an organization associated with the North Korean armed forces.
(Date: 25.03.2024)
