CNN: NORTH KOREA IS DODGING SANCTIONS WITH FISH AND FRONT FIRMS IN MOZAMBIQUE

CNN on 3rd February carried a report which says that fishing is big business in Mozambique – it’s one of the country’s most lucrative industries, and North Korea wants a slice of that much-needed cash, and boats are easy to move and conceal.  Joint fishing ventures are just one area of illicit trade the 2 countries are engaged in.  In a months-long investigation, CNN uncovered a secret web of front companies, military co-operation and elite-forces training deals between North Korea and Mozambique, all in violation of international sanctions, according to UN investigators – and sealed with illegal contracts worth millions of dollars. The money is funnelled through regionally-based North Korean diplomats to Pyongyang.

http://edition.cnn.com/2018/02/03/africa/north-korea-mozambique-sanctions-intl/index.html

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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