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U.S. sanctions South African national over North Korea ties

2018-11-20 0 Dailymotion

The U.S. has sanctioned another individual for their dealings with North Korea,... this time a South African national for allegedly helping the regime buy oil through illicit means.<br /> The U.S. Treasury Department says Vladlen (AM-CHENT-SEV)Amtchentsev, a Russian-born South African national, advised an already sanctioned entity,... Velmur Management,... on how to evade U.S. sanctions to support purchases of oil for the North.<br />Velmur also assisted a company called Transatlantic Partners,... which has been sanctioned for operating in North Korea's energy industry. <br />The Treasury Department added the two firms are also suspected of laundering millions of dollars in connection with North Korea. <br />

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