NewsUSAUS sanctions three senior North Korean officials

US sanctions three senior North Korean officials

FILE – Kim Jong Un during a North Korean Army event. – -/KCNA/dpa – Archive

The United States government has sanctioned three senior officials of the North Korean Workers’ Party on Thursday after Pyongyang has intensified its missile launches into the Sea of ​​Japan in recent weeks.

The US State Department has announced in a statement that it is “taking action” as part of its effort to prevent North Korea from making progress on its “illegal” ballistic missile and weapons of mass destruction programs.

According to Washington, the “unprecedented” launch of more than 60 ballistic missiles so far this year, including the testing of a multitude of intercontinental missiles, pose serious risks to the security of the region and the entire world.

For this reason, the Treasury Department has decided to sanction the president of the Defense Research Academy and member of the Committee of the Workers’ Party (PTC), Jon Il Ho; the chief secretary of the WPK Provincial Committee in Kangwon Province, Kim Su Gil; as well as another member of the WPK Central Committee, Yu Jin.

These sanctions mean that all property and interests in property of the named persons that are in the United States, or in the possession or control of US persons, are blocked and must be reported to the Office of Foreign Assets Control (OFAC). In addition, any entity that is 50 percent or more owned, directly or indirectly, by one or more blocked persons is also blocked.

In addition, individuals who engage in certain transactions with designated individuals or entities may be subject to penalties. In addition, any foreign financial institution that knowingly facilitates a significant transaction or provides significant financial services to any of the designated individuals or entities could also be subject to sanctions, the State Department has detailed.

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