S.Korea imposes sanctions on 18 N.Koreans, a day before Trump visit

By REUTERS
November 6, 2017 02:28
Breaking news

Breaking news. (photo credit: JPOST STAFF)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

South Korea imposed unilateral sanctions on 18 North Koreans on Monday, barring any financial transactions between those sanctioned and any South Koreans, as part of international efforts to dry up Pyongyang's illegal cash flows.

All 18 individuals on which the South Korean sanctions were imposed were directly affiliated to North Korean banks, according to an official government announcement by the finance minister uploaded on the Interior Ministry's website.

"They are all people at North Korean financial institutions that have already been sanctioned by the United Nations," a government official directly involved in the sanction development process told Reuters. The official asked for anonymity as he was not authorized to speak to media.

"They're high-ranking employees who have been linked to North Korea's nuclear and missile development program as well as the North's foreign exchange procurement efforts."

Related Content

Breaking news
July 18, 2018
12 Palestinians arrested overnight by security forces

By JERUSALEM POST STAFF