This content is not available in your region

U.S. sanctions South African for helping North Korea acquire oil

Text size Aa Aa

WASHINGTON (Reuters) – The United States on Monday sanctioned a South African man for helping North Korea acquire oil, Treasury’s Office of Foreign Assets Control said.

In a statement, the office said it had sanctioned Russia-born Vladlen Amtchentsev for advising on how to evade U.S. sanctions meant to help thwart North Korea’s nuclear ambitions on behalf of Velmur Management Pte. Ltd.

The United States had already sanctioned Velmur for assisting Transatlantic Partners Pte. Ltd., which it said was operating in the energy industry in North Korea. It also sanctioned both companies for allegedly laundering millions of dollars for North Korea.

(Reporting by Lisa Lambert; Editing by James Dalgleish)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.