U.S. Charges North Korea Officials With Illegally Transferring $2.5 Billion - News Summed Up

U.S. Charges North Korea Officials With Illegally Transferring $2.5 Billion


U.S. authorities unsealed a sweeping indictment charging more than 30 people with helping North Korea illegally transfer $2.5 billion since 2013, amid dim hopes for resumption of long-stalled nuclear talks between the two countries. In a 50-page indictment filed in February and made public on Thursday, prosecutors said officials and agents of North Korea’s primary foreign exchange bank, the Foreign Trade Bank, opened and operated covert branches in Thailand, Austria, Russia, China and elsewhere to move funds as recently as...


Source: Wall Street Journal May 28, 2020 15:52 UTC



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