 The Swiss government has promised to investigate if there is evidence that North Korea has illegal funds stashed away in the country, Radio Free Asia reported Saturday.
Roland Vock of the Swiss State Secretariat for Economic Affairs told the radio station that Swiss bank accounts of North Korean officials or financial institutions on the list of the UN sanctions targets were automatically frozen and are subject to investigation by Swiss prosecutors and the financial supervisory agency.
| Hint, Roland: look in the stash next to all the Jewish money from World War II ... |
"Give me the information," he said. "Which bank [of about 500 Swiss banks], what money talking about, where money is coming from, then I can pass information to" the Swiss intelligence agency so that it can begin its probe. He said he meets American officials "very regularly" to exchange information.
Earlier on, Luxembourg also said that under the UN and U.S. sanctions, the country is closely watching for any illegal activities by the North using accounts there and will take "appropriate legal steps" if it finds them.
| The entire Nork regime is an 'illegal activity'. Why not just freeze the funds on behalf of the suffering Nork people? |
North Korean leader Kim Jong-il's slush funds in banks in Switzerland and Luxembourg are estimated at more than US$4 billion.
| So he can afford a couple hundred Mercedes Benz's for his pals ... |
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