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bemildred

(90,061 posts)
Fri Aug 29, 2014, 09:56 AM Aug 2014

Kim Jong Un's Banker Defects To Russia: South Korean Media

SEOUL, Aug 29 (Reuters) - A senior North Korean banking official who managed money for leader Kim Jong Un has defected in Russia and was seeking asylum in a third country, a South Korean newspaper reported on Friday, citing an unidentified source.

Yun Tae Hyong, a senior representative of North Korea's Korea Daesong Bank, disappeared last week in Nakhodka, in the Russian Far East, with $5 million, the JoongAng Ilbo newspaper reported.

The Daesong Bank is suspected by the U.S. government of being under the control of the North Korean government's Office 39, which is widely believed to finance illicit activities, including the procurement of luxury goods which are banned under U.N. sanctions.

The bank was blacklisted by the U.S. Treasury Department in 2010.

http://www.huffingtonpost.com/2014/08/29/north-korea-banker-defects_n_5734836.html

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