US Takes Ownership of Sanctions-Evading North Korean Cargo Ship
The U.S. will take ownership of a North Korean cargo ship after it violated U.S. sanctions and United Nations Security Council resolutions, the Justice Department said in an Oct. 21 press release. The U.S. originally seized the ship, the “Wise…
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Honest,” after it transported coal and “heavy machinery” to and from North Korea and used U.S. banks for various transactions (see 1905090030). “This order of forfeiture sinks the Wise Honest’s career as one of North Korea’s largest sanctions-busting vessels,” Assistant Attorney General for National Security John Demers said in a statement, adding that the agency “will continue to pursue other property used to violate U.S. and international sanctions.”