US imposes sanctions on Singaporean firms accuses of money laundering

The Justice Department also unsealed criminal charges against the person targeted by sanctions, Tan Wee Beng, the Treasury Department said.

The U.S. Treasury Department imposed sanctions on two Singapore-based entities and one individual accused of money laundering through the U.S. financial system to evade sanctions against North Korea, the department said in a statement on Thursday.

The Justice Department also unsealed criminal charges against the person targeted by sanctions, Tan Wee Beng, the Treasury Department said.