The bill amends existing laws to expand the State Department’s reward program, which is limited to reporting on terror-related activities, to information on breach of sanctions by the US and the UN.
|North Korean leader Kim Jong-un (right) and US President Donald Trump prepare to shake hands at the border village of Panmunjom in the Demilitarized Zone, South Korea. (AP-Yonhap)|
South Carolina Republican Joe Wilson and Florida Democrat Ted Deutch tabled the bill.
The new bill states that the scope of the rewards will be expanded to “information on individuals, institutions and organizations that violate US and UN sanctions.” North Korea is under UN and US sanctions for its nuclear and missile programs. It also defines the information as that on “individuals and institutions that intentionally and directly or indirectly import or export items, services, and technologies that violate sanctions by the United States and the United Nations.”
It also targets education, support or financial transactions related to these sanctions infringements.
In June, the US Department of State offered a reward of up to $5 million for information leading to the disruption of illicit North Korea-linked financial activities through offshore ship-to-ship transfer of coal and oil, manipulation of maritime tracking data, front companies and money laundering.