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Treasury cracks down on firm linked to North Korea
WASHINGTON (AP) - The Obama adminstration has imposed financial sanctions on a company accused of involvement in North Korea's missile proliferation network.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
The Treasury Department says it moved against Hong Kong Electronics, an Iranian-based company. The action means that any bank accounts or other financial assets found in the United States belonging to the company must be frozen. Americans also are forbidden from doing business with the firm.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
