U.S. thanks Taiwan for action against North Korea oil sale

Taiwanese businessman investigated in oil delivery

Taiwan News
Date: 2018/01/13
By: Matthew Strong, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – The United States Department of State has thanked Taiwan for

The Lighthouse Winmore, reportedly leased by a Taiwan businessman to supply North Korea with oil. (By Associated Press)

blacklisting a Taiwanese businessman and his companies for allegedly selling oil to North Korea despite United Nations sanctions.

Chen Shih-hsien (陳世憲) and four companies believed to be linked to him were reportedly involved in the transfer of oil products from a tanker they had leased to a North Korean vessel last October.

South Korea apprehended the ships and told Taiwan it was involved. Prosecutors in Kaohsiung questioned Chen but freed him on bail of NT$1.5 million (US$50,000) on January 3 after he reportedly told him he was unaware the oil was going to North Korea.    [FULL  STORY]

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