February 21, 2024

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.