Taiwanese businessman probed over North Korea oil sales - News Summed Up

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Taiwanese businessman probed over North Korea oil sales


A Taiwanese businessman is under investigation on suspicion of selling oil to North Korea in violation of UN sanctions, prosecutors said Thursday, reportedly in connection to a ship seized by South Korea. Seoul said last week it had detained a Hong Kong-registered ship in November suspected of transferring oil products to a North Korean vessel, contravening bans imposed over Pyongyang’s missile and nuclear programme. Chinese-language daily The Liberty Times said Chen sold oil products through “a Chinese middleman” and had told prosecutors he did not know they were bound for a North Korean vessel. The UN Security Council imposed three sets of sanctions on North Korea last year. The Taiwanese government has said the Billions Bunker Group is not incorporated in Taiwan but in the Marshall Islands, and that it would “continue to fully comply” with UN sanctions against North Korea.


Source: The Guardian January 04, 2018 08:26 UTC



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