The U.S. has announced new sanctions against multiple North Korean individuals and companies for “illicitly” raising money for Pyongyang’s weapons programs, including two DPRK citizens previously accused of laundering money through the Democratic Republic of Congo (DRC) and an art studio operating in Africa.
In a press release published Wednesday, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) listed new designations against Hwang Kil Su and Pak Hwa Song, as well as the DPRK firms Chilsong Trading Corporation, Korea Paekho Trading Corporation and Congo Aconde SARL.
The U.S. has announced new sanctions against multiple North Korean individuals and companies for “illicitly” raising money for Pyongyang’s weapons programs, including two DPRK citizens previously accused of laundering money through the Democratic Republic of Congo (DRC) and an art studio operating in Africa.
In a press release published Wednesday, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) listed new designations against Hwang Kil Su and Pak Hwa Song, as well as the DPRK firms Chilsong Trading Corporation, Korea Paekho Trading Corporation and Congo Aconde SARL.
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.