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.
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