US imposes sanctions on Vladivostok-based company for ties to DPRK
Kyiv • UNN
The United States imposed sanctions on the Vladivostok-based company Alis LLC and five other legal entities and individuals for their ties to North Korea.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC), in coordination with South Korea, has imposed sanctions on six individuals and two companies associated with the DPRK. The relevant statement was published on the website of the Office, UNN reports.
Details
In particular, Alis LLC, registered in Vladivostok, was subject to restrictions.
According to the US Department, Alice LLC reports to the North Korean company Chinyong. In 2021-2022, it transferred more than $2.5 million to the parent company, according to the office.
The sanctions list also includes the UAE-based company Pioneer Bencont Star Real Estate, another subsidiary of Chinyong.
Among the six individuals, two DPRK citizens in Russia, Oh In Chun and Jeong Song Ho, were sanctioned. According to the Ministry of Justice, they are engaged in activities in favor of North Korea.
