The U.S. has sanctioned another individual for their dealings with North Korea,... this time a South African national for allegedly helping the regime buy oil through illicit means.
The U.S. Treasury Department says Vladlen (AM-CHENT-SEV)Amtchentsev, a Russian-born South African national, advised an already sanctioned entity,... Velmur Management,... on how to evade U.S. sanctions to support purchases of oil for the North.
Velmur also assisted a company called Transatlantic Partners,... which has been sanctioned for operating in North Korea's energy industry.
The Treasury Department added the two firms are also suspected of laundering millions of dollars in connection with North Korea.