Defence & Security News Immigration, Law & Rights News International News Politics News

US slaps sanctions on individual related to DPRK

U.S. Treasury Secretary Steven Mnuchin. (File Photo: Xinhua/Yin Bogu/IANS)

Washington, Nov 20 (IANS) US Treasury on Monday announced that it has imposed sanctions on a South African national for his alleged action of helping Pyongyang “evade US sanctions.”

The Treasury said in a statement that Vladlen Amtchentsev, a Russian-born South African national, has advised Velmur Management Pte. Ltd. (Velmur), an already blacklisted company by the US on “how to evade US sanctions,” reports Xinhua news agency.

Washington designated Velmur in August 2017, accusing it of working “to purchase fuel oil and gasoil for North Korea (the Democratic People’s Republic of Korea).”

In Monday’s statement, US Treasury Secretary Steven Mnuchin claimed that Pyongyang “depends upon the help of criminals and illicit actors to raise and transfer funds.”

The Treasury’s new move was the latest among a series of sanctions imposed by the US on the DPRK-related entities and individuals amid the ongoing talks between the two sides on the denuclearisation of the Korean peninsula.

Pyongyang has repeatedly criticised the continued sanctions imposed by Washington, calling them actions of “deepening our mistrust.”


About the author: IANS
Note : All views expressed, and statements made, therein are those of the author solely and NewsReach/Vyomeen Media Pvt. Ltd. does not endorse and will not be responsible and/or liable for the same as well as for any contents of this article in any manner whatsoever, including without limitation for the veracity as well as verification of any of the above.

Related posts

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet