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| China-Japan-Koreas |
| Kimmie Has $4 Billion in European Banks |
| 2010-03-16 |
| North Korean leader Kim Jong-il has US$4 billion hidden in secret accounts in European banks to continue his lavish way of life if he is forced to flee the country, the Sunday Telegraph reported. "The money is the profits from impoverished North Korea selling its nuclear and missile technology, dealing in narcotics, insurance fraud, the use of forced labour in its vast gulag system, and the counterfeiting of foreign currency," the British daily said. "Much of the money was held in Swiss banks until authorities there began to tighten regulations on money laundering." "Kim's operatives then withdrew the money -- in cash, in order not to leave a paper trail -- and transferred it to banks in Luxembourg," it added. Why not seize it all? We could establish a trust account for the people of North Korea to be cashed in on the day of their liberation. Swiss banks kept customers' account information in closely guarded secret even in the case of criminals until Switzerland signed information exchange agreements with the U.S., France and other countries after the G20 summit in London last April warned that sanctions could be imposed on nations that refuse to cooperate. "I believe this is the most extensive money-laundering operation in the history of organised crime, yet the final destination of the funds has not been given the proper attention it deserves," the daily quoted Ken Kato, the director of NGO Human Rights in Asia, as saying. "Somewhere in the world, there are bankers who are earning a large sum of money by concealing and managing Kim Jong-il's secret funds, and at the same time almost 9 million people in North Korea are suffering from food shortages." Why don't we name the bankers? A South Korean intelligence officer said, "If they know about this money, the starving North Korean people will rise in revolt against the regime." Why don't we tell them? |
| Posted by:Steve White |
| #5 Isn't it a small price for the people to pay for him to lead them to the Glorious Workers' Paradise? |
| Posted by: gorb 2010-03-16 16:41 |
| #4 Gosh, would someone just kill that ugly bastard? |
| Posted by: GirlThursday 2010-03-16 15:33 |
| #3 ...or the 'smart' people who got their 'paid for' Congresscritters to bail them out of unbacked securities gambling losses in 2008-9 and are rewarding themselves with bonuses today. We're reaching hundreds of billions looted. |
| Posted by: Procopius2k 2010-03-16 08:41 |
| #2 Don't forget the "food for |
| Posted by: Spot 2010-03-16 08:15 |
| #1 I believe this is the most extensive money-laundering operation in the history of organised crime Not even close, dude. Try some $40 BILLION by Putin over the last decade. Or look at the sums stolen by Suharto, or Mobutu, or Collor in Brazil, or the Salinas clan, or Fidel over the last 50 years, or Arafat, or... |
| Posted by: lex 2010-03-16 00:56 |