Singapore Police Charges Shipping Managers for Illegal North Korean Transactions
Singapore authorities charged two shipping managers after they worked together allegedly to ship sugar illegally to North Korea, the Singapore Police Force said in a June 19 notice. The two managers, along with the companies Wee Tiong Pte. Ltd. and…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Morgan Marcos Pte Ltd., allegedly falsified shipping documents and invoices to hide the companies’ transactions with North Korean entities. Both managers face a maximum 10-year prison sentence or a fine, or both.