April 19, 2024
News

U.S. seeking additional USD$500,000 from sanctioned Chinese coal company

Dandong Chengtai Trading Co. Ltd and owner are accused of acting as financial facilitators for DPRK

Washington has filed an amended complaint to confiscate an additional USD$500,000 from a sanctioned Chinese coal company accused of financial links to North Korea, the United States Attorney's Office for the District of Columbia announced on Thursday.

The suit comes five months after the U.S. first filed a suit against the China-based Dandong Chengtai Trading Co. Ltd (also known as Dandong Zhicheng Metallic Material Co., Ltd.) to forfeit USD$4,083,935 in August last year.

Become a member for less than $4 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • 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.