U.S. Treasury sanctions Moscow bank accused of ties to North Korea
Russian Financial Society accused of setting up bank accounts for designated DPRK companies
The U.S. on Wednesday designated a Russian bank accused of assisting North Korea in evading sanctions, according to a statement from the Department of the Treasury.
The new measures, which target a bank called Russian Financial Society, are the first unilateral U.S. sanctions related to North Korea to be imposed since March, when President Donald Trump announced a rollback of new “large scale sanctions” against the DPRK.
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