By Maya Lester KC & Michael O’Kane

OFAC designates Chinese firm for WMD proliferation

OFAC has designated Dandong Hongxiang Industrial Development Company (DHID), a Chinese firm, and 4 of its senior employees under its WMD-proliferation sanctions for allegedly providing support to designated North Korean firm KKBC. DHID is said to have used a network of front companies, financial facilitators, and trade representatives to facilitate transactions on behalf of KKBC, which was designated for supporting…...

This content is for subscribers only

To continue reading please login or subscribe.

North KoreaNorth Korea United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

See profile for Michael O'Kane >

Share this page on: