Don’t miss the latest developments in business and finance.

Sydney man charged with acting as an 'economic agent' for North Korea

He's the first person charged under Australia's Weapons of Mass Destruction Act and faces a maximum 10-year prison sentence

North Korea, Kim Il Sung
North Korean soldiers carry flags and a photo of late leader Kim Il Sung as they march across Kim Il Sung Square during a military parade
AP | PTI Sydney
Last Updated : Dec 17 2017 | 3:00 PM IST
A Sydney man has been charged with acting as an agent for North Korea in Australia by allegedly attempting to broker sales for Pyongyang including components used in ballistic missiles.

The Australian Federal Police say the 59-year-old naturalized Australian used encrypted communication to broker sales and discuss the supply of weapons of mass destruction.

Police say the man was generating tens of millions of dollars for Pyongyang by arranging the sale of missiles, componentry and expertise from North Korea to other international entities, and was trying to arrange the transfer of coal from the country to Indonesia and Vietnam.

He's the first person charged under Australia's Weapons of Mass Destruction Act and faces a maximum 10-year prison sentence.

Also Read

First Published: Dec 17 2017 | 2:59 PM IST

Next Story