Billions Bunker Group Head Charged

by Ship & Bunker News Team
Friday July 6, 2018

The head of Billions Bunker Group Wednesday was formally charged by a Taiwanese court with violating sanctions and illegally delivering oil to North Korea, local media reports.

Taiwanese businessman Chen Shih-hsien has also been charged with making false declarations regarding various activities including the movements of a chartered vessel in 2017 and early 2018.

According to reports, the vessel Lighthouse Winmore was suspected of transferring oil to a North Korean vessel at sea on several occasions.

"Chen was well aware that the oil he purchased was being shipped to international waters for sale . . . and made four false declarations in 2017," a prosecutor was quoted as saying.

Chen claimed that he was framed by China, according to reports.