The US Treasury Department announced that it has paralyzed 26-9 Company Dandong Hongxiang industrial development of China and the four members of its executive committee on sanctions blacklist.
North Korean leader Kim Jong Un (left) watching a missile warhead in May 3. Photo: Reuters
According to Reuters, this is Washington's latest move to tighten noose on organizations and individuals suspected of involvement in the nuclear program and missile development by North Korea.
Decided to punish the company Hongxiang given based on the principles of non-proliferation of weapons of mass destruction of the United States.
Accordingly, essentially accusing Washington Hongxiang's just a front plate Korea Kwangson Banking Corp. (KKBC), a Korean bank suspected of money for missions pouring arms sales by Pyongyang.
US and UN lists KKBC long been blacklisted organizations support the proliferation of weapons of mass destruction.
Meanwhile, according to Reuters, the US Justice Department filed a criminal company and personal Hongxiang with two alleged breaches of sanctions by the United Nations and money laundering.
The US Justice Department confirmed several hundred million dollars in the bank accounts of the company were in transit in the United States.
Chinese Foreign Ministry last week announced that the company is being investigated Hongxiang with the provisions of Resolution 2270 of the UN for alleged criminal activity and "economic crimes".
Fang Hong, a spokesman for the Chinese Embassy in Beijing confirmed the US stance of "clear and consistent" to the nuclear program of North Korea.
"We strictly adhere to the resolutions of the Security Council of the United Nations related to Korea and comply with international obligations in the control of non-proliferation," Ms Fang said.
In a related development, South Korea's JoongAng Daily 26-9 revealed Chinese authorities are investigating a senior official at a branch of KKBC city of Dandong in China.
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