On 7 October, OFAC announced that it had designated 2 individuals and 3 entities for activities related to the exportation of petroleum to the Democratic People’s Republic of Korea (DPRK), which directly supports the development of DPRK weapons programs and its military. The actions target Singapore-based Kwek Kee Seng, Taiwan-based Chen Shih Huan, and Marshall Islands-registered company New Eastern Shipping Co Ltd. It also designated Singapore-registered Anfasar Trading (S) Pte Ltd and Singapore registered Swanseas Port Services Pte Ltd for being owned or controlled by, or for having acted or purported to act for or on behalf of, directly or indirectly, Kwek Kee Seng.
It also listed the Teo Boon Ching wildlife trafficking transnational criminal organisation and the linked Malaysian company, Sunrise Greenland SDN BHD. It is said that Teo Boon Ching specialises in the transportation of rhino horn, ivory, and pangolins from Africa, generally utilising routes through Malaysia and Laos and onward to consumers in Vietnam and China.
https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20221007
https://home.treasury.gov/news/press-releases/jy1000
https://home.treasury.gov/news/press-releases/jy1001
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