CATF Reports Dec. 29, 2016, 9:57am


In June 2010, Singaporean Lim Yong Nam, also known as Steven Lim, earned himself a spot on the United States’ wanted list for involvement in the illicit export of nearly 6,000 U.S.-made radio frequency modules to Iran, of which 16 were later located in undetonated roadside bombs in Iraq. Coincidentally, Nam was owner and director of electronics company NEL Electronics, Ltd. In court on December 15, 2016 Nam finally pleaded guilty to the federal charge of conspiracy to defraud the United States, and now bides his time until his scheduled March 9, 2017 sentencing date. Based on his plea deal, Nam likely faces 46 to 57 months prison time, which would make him a free man by mid-2021.

Following his 2010 indictment, Nam had his charges dismissed and evaded extradition to the U.S. by the Singaporean court system. After garnering an Interpol warrant, Nam was arrested by Indonesian authorities after attempting to enter the country and was subsequently detained there for two years. Indonesia handed him over to the U.S. in April 2016.

Nam was in good company, as four other individuals, along with their four electronics companies, were indicted for the same conspiracy, prompting a statement by Assistant Attorney General for National Security Lisa Monaco, who noted “this case underscores the continuing threat posed by Iranian procurement networks seeking to obtain U.S. technology through fraud and the importance of safeguarding that technology”.

From The Straits Times:

“A Singapore citizen pleaded guilty on Thursday (Dec 15) to a federal charge stemming from his role in illegally exporting, through Iran, parts found in improvised explosive devices in Iraq, the US Justice Department said.

Lim Yong Nam, also known as Steven Lim, 42, was extradited to the United States from Indonesia earlier this year.

He is scheduled to be sentenced on March 9 in Washington, and the parties have agreed that he would face between 46 and 57 months in prison and a fine of up to US$100,000 (S$144,000), a Justice Department statement said.

Lim was indicted in June 2010 on additional charges, including smuggling, illegal export of goods to Iran and making false statements.”

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