N.Korean Freighter Seized in Panama May Face $1-Million Fine

The North Korean freighter that was detained by Panama last month for shipping undeclared military equipment from Cuba could face a fine of up to US$1 million.

AFP reported that fines imposed by the Panamanian authorities range from $10,000 to $100,000 for serious violations, and go as high as 1 million for very serious violations. It added that Panamanian officials have described the North Korean case as a very serious violation.

A group of UN inspectors is currently in Panama to determine whether Pyongyang violated a UN ban on arms shipments.

Arirang News / Aug. 19, 2013 11:34 KST