Kwek is reportedly known to reside in a flat in Choa Chu Kang North, according to US court papers. The US State Department also noted that Kwek had participated in an “extensive conspiracy” to evade UN and US sanctions by delivering fuel to North Korea discretely.
The papers also revealed that “Kwek and his co-conspirators sought to obscure their identities and activities by conducting financial transactions through a series of shell companies.”
He directed payments in US dollars that were routed from said shell companies based in Panama, Singapore and elsewhere through US banks to pay for oil, the M/T Courageous itself, services and materials for the vessel in addition to salaries for crew members.
Kwek allegedly purchased the 2,700-ton oil tanker Courageous for roughly $580,000 back in July 2019 and used it to deliver 2.8 million kg of oil to North Korea. Later in 2020, the tanker was eventually captured in…