Five North Koreans sanctioned by U.S. over goods used in missile programs

[Boats]

Five North Koreans sanctioned by U.S. over goods used in missile programs
By: Doug Cunningham - UPI News - 01-12-22
Re: https://www.upi.com/Top_News/World-N...2006095/?u3L=1

Jan. 12 (UPI) -- The U.S. Treasury Department said Wednesday the U.S. is sanctioning five North Korean individuals for procuring goods used for ballistic missile and weapons of mass destruction programs.

"Today's actions, part of the United States' ongoing efforts to counter the DPRK's weapons of mass destruction and ballistic missile programs, target its continued use of overseas representatives to illegally procure goods for weapons," Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson said in a statement.

"The DPRK's latest missile launches are further evidence that it continues to advance prohibited programs despite the international community's calls for diplomacy and denuclearization."

Wednesday's actions are part of U.S. efforts to "prevent the advancement of the DPRK's WMD and ballistic missile programs and impede attempts by Pyongyang to proliferate related technologies."

North Korea launched two ballistic missiles it described as hyper sonic in recent days. On Wednesday, it said Tuesday's launch was the "final verification" of its hypersonic missile system.

In announcing sanctions against the five people, the United States said "all property and interests in property of the individuals and entities that are in the United States or in the possession or control of U.S. persons must be blocked and reported to OFAC."

These sanctions also apply to foreign financial institutions that knowingly facilitate transactions or provide significant financial services to the sanctioned individuals.
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Personal note: It goes to show you that backdoor deals are always open - more so -
if the price is right. Both the Buyer's & Supplier's - are out to make a buck - don't
think aren't. They operate thru intermediate 3rd parties (middle men) - who get paid
well - if a side deal can be made thru independent parties; and they in turn sell those
elements to our adversaries - and they make a profit from the sales. It happens all
the time! It's not quite reverse engineering but thru the actual supplier and an
intermediate who shuffles the product thru international sources who is not on the
"red list" - but who has contacts to move it further along the chain.
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Japan was a lot like this back in the 50's & 60's they reverse engineered many USA
products - who then sold them back to the U.S. - at a lower price - hence the original
suppliers in the U.S. - went out business. What is still made in the US today that has
has a tag: Made In The USA on its label? Or was it relabeled?
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What more can I say. You got to watch your supplier's with great care nowadays.
It's only human to wanna make money - in the short term - until you get busted!