About the Author
Leo Byrne
Leo Byrne was the Data and Analytic Director at NK News. Follow him on twitter.
Get behind the headlines
|
News Singapore firm helping North Korea’s OMM found guiltyChinpo Shipping found guilty of transferring money to OMM, no sentence until January
The Singaporean company accused of aiding sanctioned North Korean shipping firm Ocean Maritime Management (OMM) has been found guilty of transferring money that could have contributed the DPRK’s weapons programs, by a district court today. Chinpo Shipping was accused of sending $72,017 to the Panama Canal authority, for the passage of the Chong Chon Gang, a North Korean vessel caught smuggling munitions and disassembled fighter jets from Cuba. The company was also found guilty for running a remittance business without a license, a charge related to a total of 605 payments made to DPRK entities between April 2009 and July 2013, © Korea Risk Group. All rights reserved. |