AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
World Print 2019-12-14

Malaysian court approves N Korean's extradition to US

A North Korean man is likely to face money-laundering charges in the United States after a Malaysian court approved his extradition Friday, in a case his lawyers claim is politically motivated. Mun Chol Myong has denied FBI claims that he led a criminal g
Published 14 Dec, 2019 12:00am

A North Korean man is likely to face money-laundering charges in the United States after a Malaysian court approved his extradition Friday, in a case his lawyers claim is politically motivated. Mun Chol Myong has denied FBI claims that he led a criminal group that violated sanctions by supplying luxury goods to his isolated homeland and laundered funds through front companies. The 54-year-old, who has lived in Malaysia with his family for a decade, was arrested in May following an extradition request from Washington. His defence team claims he was involved only in the supply of palm oil and soybean oil to the North. "I am sad and disappointed with the court action," said his lawyer Jagjit Singh, who previously criticised the extradition bid as "solely based on politics".

Jagjit said his client would not be deported before a final appeal, likely to be heard early next year.

Mun has been in custody since his arrest.

He is accused of four charges of money-laundering and two of conspiracy to launder money, mainly in relation to his work for a firm in neighbouring Singapore. His case has shone a spotlight on trade ties between Pyongyang and Singapore, with several companies in the city charged in recent times over shipping banned goods to the North.

The export to the North of some goods, including luxury items, has been banned as part of sweeping sanctions imposed on Pyongyang by the United Nations and countries including the US over its weapons programme.

Copyright Agence France-Presse, 2019

Comments

Comments are closed.