Russian Bank Hit With Sanctions For Helping North Korea
The U.S. Treasury Department announced Friday that it has put Agrosoyuz Commercial Bank on a blacklist, after it engaged in transactions that supported North Korea's arms program.
by Sasha Ingber
Aug 03, 2018
2 minutes
The Treasury Department slapped sanctions on a Russian bank on Friday, accusing it of processing transactions for North Korea in violation of United Nations sanctions.
Agrosoyuz Commercial Bank knowingly facilitated "a significant transaction" on behalf of a person affiliated with North Korea's weapons of mass destruction, the agency said in a statement.
The individual was named as Han Jang Su,
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