RealNews

US freezes assets of Swiss firm over North Korea links

The US government froze the assets of a Swiss firm that it accused of involvement in weapons proliferation by North Korea. The company, Kohas AG, and its Swiss chairman, Jakob Steiger, were also banned from trading with any American entity, the Treasury Department said in a statement. “Kohas AG acts as a technology broker in Europe for the North Korean military and has procured goods with weapons-related applications,” said the statement. Full Story

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