A Singapore businessman, involved in the local bunkering scene, has been charged by US authorities with laundering money for North Korea.
Tan Wee Beng, 41, stands accused of violating sanctions for the past seven years. Two of the companies he used to run have now been hit with sanctions, commodities firm Wee Tiong and bunkering firm WT Marine.
Tan “conducted illicit transactions totaling millions of dollars in support of North Korean entities in blatant violation of a host of economic sanctions the United States has established against North Korea and North Korean entities,” said FBI assistant director William Sweeney in a statement.
As well as laundering money for the Kim Jong Un regime, Tan’s ships were allegedly engaged in sanctions-violating activities involving North Korea.
The FBI has placed Tan on its “most wanted” list, saying his whereabouts are currently unknown.
