North Korean companies employing fraudulent online workers hit with fresh sanctions
Australia has imposed sanctions on two North Korean companies and two individuals accused of facilitating cybercrime and labor exploitation to fund Pyongyang's nuclear program. Foreign Minister Penny Wong stated these actions violate UN resolutions regarding the export of labor.
Why it matters
These sanctions represent an international effort to disrupt North Korea's illicit revenue streams used to bypass global financial restrictions.
Penny Wong says the companies send their income back to North Korean government agencies. ( ABC News: Matt Roberts )
North Korean companies have been accused of employing workers to launder billions of dollars through cybercrime.
Foreign Minister Penny Wong has announced fresh sanctions and says the "export of labour" violates UN sanctions.
Australia continues to call on North Korea to comply with its international obligations.
Link copied Share Share article The federal government has hit two North Korean companies and "shadow bankers" with sanctions for employing fraudulent online workers who help Pyongyang evade UN sanctions and earn cash for its nuclear weapons program.
The US and several other nations have accused North Korea of setting up an international network of IT workers to launder billions of dollars through cybercrime and overseas earnings.
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