U.S. sanctions South African for helping North Korea acquire oil

U.S. sanctions South African for helping North Korea acquire oil

The United States on Monday sanctioned a South African man for helping North Korea acquire oil, Treasury’s Office of Foreign Assets Control said.

In a statement, the office said it had sanctioned Russia-born Vladlen Amtchentsev for advising on how to evade U.S. sanctions meant to help thwart North Korea’s nuclear ambitions on behalf of Velmur Management Pte. Ltd.

The United States had already sanctioned Velmur for assisting Transatlantic Partners Pte. Ltd., which it said was operating in the energy industry in North Korea. It also sanctioned both companies for allegedly laundering millions of dollars for North Korea.

Tags:

sanctions South African man Transatlantic Partners Pte. Ltd. Velmur Management Pte. Ltd. Vladlen Amtchentsev

Want to send us a story? Submit on Wananchi Reporting on the Citizen Digital App or Send an email to wananchi@royalmedia.co.ke or Send an SMS to 25170 or WhatsApp on 0743570000

Leave a Comment

Comments

No comments yet.

latest stories