Home GRASP GRASP/Korea Taiwanese businessman charged over illegal oil sales to North Korea

Taiwanese businessman charged over illegal oil sales to North Korea

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Chen Shih-hsien accused of making false declaration that a ship he chartered was going to Hong Kong, but instead went to international waters for transfers
A Taiwanese businessman has been indicted over illegal oil sales to North Korea, prosecutors said on Thursday, flouting UN sanctions against the nuclear-armed regime.
Taiwanese authorities launched an investigation into Chen Shih-hsien in January after Seoul said it had detained a Hong Kong-registered ship suspected of transferring oil to a North Korean vessel.
Chen has now been charged with forgery for making a false declaration that a ship he had chartered was bound for Hong Kong when it actually sailed to international waters to sell oil, Kaohsiung district prosecutors said in a statement.
“Chen was well aware that the oil he purchased was being shipped to international waters for sale… and made four false declarations in 2017,” the statement added.
Taiwan announced in September it was banning all trade activities with North Korea.

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