The Ministry of Foreign Affairs (MFA) said that it would study a report linking locally based company Glocm, a military equipment company, to North Korea and “take the necessary steps to ensure that Singapore is in compliance with the UN Security Council Resolutions (UNSCRs) on the DPRK”.
A UN report sent to the UN Security Council, which alleges that Glocom is part of a Singapore-based company called Pan Systems, which has been accused of being operated by the North Koreans.
In a report on the UN website, charge d’affaires Joseph Teo said that the Singapore authorities have “proactively engaged business owners” to remind them of the restrictions imposed on North Korea.
“The Singapore authorities have also reached out to individual businesses involved in trade with entities linked to the Democratic People’s Republic of Korea to advise them to abide by the restrictions,” the report said.
Pan Systems Singapore’s managing director, Louis Low, claims he does not know anything about Pan System’s Pyongyang activities and denied all involvement in the arms trade with North Korea.