Categories
News

U.S. Indicts North Koreans, Accuses State-Owned BANK Of Evading Sanctions

The U.S. Justice Department accused North Korea’s state owned bank of evading U.S. sanctions laws and charged 28 North Korean and 5 Chinese citizens with committing money laundering, bank fraud and other crimes.

In a grand jury indictment made public Thursday, U.S. prosecutors accused North Korea’s Foreign Trade Bank of conspiring with the employees charged to cause other banks “to process at least $2.5 billion in illegal payments via over 250 front companies.”

.

Sponsored Video: MUST WATCH! Thanks for watching!

The Washington Post said it is the largest ever North Korean sanctions violation case.

Reuters

Leave a Reply

Discover Express products online at Jumia Nigeria. Explore a great selection of genuine Express at the best price in Nigeria ✓ Price in Naira ✓ 

Products with Jumia Express logo are items stocked and warehouse by Jumia, it ensures fast shipment and quick delivery. CLICK HERE TO SHOP!