The U.S. Department of Justice (DOJ) on Monday filed a complaint seeking to forfeit over USD$3 million in funds from three entities involved in U.S. dollar transactions with sanctioned companies, North Korean front companies, and banks, in violation of domestic laws.
The just over USD$3.1 million amount is associated with three parties identified as the Hong Kong-based Apex Choice Ltd, the China-based Yuanye Wood Ltd. and a third Singaporean company identified as "Cooperating Company 1", which is not contesting the forfeiture.
The U.S. Department of Justice (DOJ) on Monday filed a complaint seeking to forfeit over USD$3 million in funds from three entities involved in U.S. dollar transactions with sanctioned companies, North Korean front companies, and banks, in violation of domestic laws.
The just over USD$3.1 million amount is associated with three parties identified as the Hong Kong-based Apex Choice Ltd, the China-based Yuanye Wood Ltd. and a third Singaporean company identified as "Cooperating Company 1", which is not contesting the forfeiture.
Try unlimited access
Only $1 for four weeks
-
Unlimited access to all of NK News: reporting, investigations,
analysis
-
Year-one discount if you continue past $1 trial period
-
The NK News Daily Update, an email newsletter to keep you in
the loop
-
Searchable archive of all content, photo galleries, special columns
-
Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting,
investigations, and analyses by our team of DPRK experts.
Subscribe
now
All major cards accepted. No commitments – you can cancel any time.
SHARE
COPY LINK
X
MASTODON
