Australian police have arrested a Sydney man accused of acting as an agent for North Korea by allegedly attempting to broker sales for Pyongyang including components used in ballistic missiles.
“This case is like nothing we have ever seen on Australia soil,” Australian Federal Police Assistant Commissioner Neil Gaughan told reporters Sunday morning. “This is black market 101.”
The suspect has been identified as a 59-year-old naturalized Australian citizen who was born in South Korea. He was arrested Saturday and charged over two transactions that were unsuccessful.
“But we estimate that if these trades were successful, we’re talking tens of millions of dollars,” Gaughan said.
Police allege the man was generating tens of millions of dollars for the Pyongyang regime by arranging the sale of missiles, components 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. – READ MORE
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