U.S. seeking additional USD$500,000 from sanctioned Chinese coal company | NK News
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September 29, 2026Sep 29, 2026

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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.

The company and its owner are accused of laundering U.S. dollars as financial facilitators for North Korean entities linked to the country’s nuclear and missile program.

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