South Korea sanctions Russian over ‘illegal’ Pyongyang finances

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South Korea sanctions Russian over ‘illegal’ Pyongyang finances
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Seoul said it has sanctioned Choi Chon-gon, a former South Korean national who now holds Russian citizenship. Read more at straitstimes.com.

SEOUL - South Korea has sanctioned a Russian national over his alleged involvement in North Korea’s “illegal financial activities”, the authorities said on Wednesday.

The South said it has sanctioned Choi Chon-gon, a former South Korean national who now holds Russian citizenship, for allegedly supporting the North with its illicit activities in violation of UN Security Council sanctions. Choi has been accused of founding a North Korean front company in Mongolia to assist Pyongyang in evading sanctions to secure financing for its banned weapons programmes.

Seoul has also sanctioned the North Korean chief of the bank’s Vladivostok branch, as well as the two companies Choi has founded, the ministry said.since diplomatic efforts collapsed in 2019, conducting a string of banned weapons tests, including test-firing multiple intercontinental ballistic missiles.

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