SINGAPORE — A Singaporean commodity broker wanted by the FBI was charged in the city-state on Friday for falsifying company documents to conceal transactions with North Korea from banks. Tan Wee Beng, managing director of trading company Wee Tiong, was charged over sugar sales to customers in North Korea between 2014 and 2016, according to a police statement. Many countries and international bodies have imposed sanctions on North Korea, mainly targeted at its nuclear and ballistic missile programmes. Tan and Wee Tiong could not be immediately reached for comment. Tan is wanted by the FBI in connection with millions of dollars in commodities contracts for North Korea going back to 2011, in which money was allegedly laundered through the U.S. and Singapore financial systems, according to an FBI notice.

Source: International New York Times June 19, 2020 10:30 UTC