US prosecutors unveiled charges Thursday against a Singapore businessman once lauded as a leading young entrepreneur, alleging he illegally laundered millions of dollars in funds for North Korea. A grand jury indictment charged Tan Wee Beng, 41, with working with several other unnamed actors to move money through the international banking system for North Korean banks between 2011 and 2018, violating international sanctions on North Korea. Separately, the US Treasury slapped sanctions on Tan and two companies he ran -- Wee Tiong(S) Pte and WT Marine Pte, both of which did business with North Korea.
from Yahoo News - Latest News & Headlines https://yhoo.it/2D8m7Aq
via Yahoo News
Post a Comment