World's second-largest tobacco company to pay over $600 million for violating sanctions against North Korea

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The world's second-largest tobacco company says it has has agreed to pay over $635 million to the U.S. after its subsidiary admitted to violations of sanctions against North Korea.

April 25, 2023, 2:06 PMNorth Korean propaganda village"Gijungdong" is seen from an South Korea's observation post inside the JSA during a media tour at the Joint Security Area on the Demilitarized Zone in the border village of Panmunjom in Paju, South Korea, March 3, 2023.The world's second-largest tobacco company has agreed to pay what the Department of Justice is saying is "the single largest North Korean sanctions penalty in the history of the Department of Justice.

"To those companies and individuals thinking of evading international sanctions on North Korea, be forewarned. If you conspire with North Korea, you are helping to grow their illegal weapons of mass destruction and ballistic military programs." Suzanne Turner, assistant director of the FBI's Inspection Division, said at a press conference Tuesday.

"The DPRK's murderous repression at home and relentless pursuit of nuclear capabilities threaten not just its own people, but the entire international community. Allowing funds to illegally flow into the coffers of the DPRK is an unconscionable act," said Assistant Attorney General for National Security Matthew Olsen, who added that the case would "serve as a warning shot to companies" that attempt to evade sanctions.

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