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N. Korea: Kim Jong-un's Sister Put in Charge of Regime's Coffers
Chosun Ilbo ^ | Jan. 13, 2014

Posted on 01/14/2014 4:07:43 AM PST by TigerLikesRooster

Kim Jong-un's Sister Put in Charge of Regime's Coffers

North Korean leader Kim Jong-un has put his younger sister Yeo-jong in charge of the regime's coffers since the execution of his uncle Jang Song-taek on Dec. 12 last year.

Kim Jong-un ordered the restructuring of hard-currency earners, which used to be controlled by Jang, North Korea Intellectuals Solidarity, a group of North Korean activists in South Korea, quoted a North Korean source as saying. The source said Kim Yeo-jong has taken charge of Department 54 and other currency-earning agencies in the Workers Party.

Department 54 supplies electricity, coal, fuel, clothes and other necessities to the military but also runs a slew of other businesses. It was originally operated by the military but Jang placed it under the supervision of the party when the Army chief Ri Yong-ho was dismissed in 2012.

Kim Yeo-jong has also taken control of Taesong Bank and the Reunification and Development Bank under the Workers Party's Room 39; Taehung Management Bureau and Kumgang Management Bureau under Room 38; and Kyonghung Guidance Bureau and Rakwon Guidance Bureau, which used to be controlled by her aunt Kim Kyong-hui, according to the solidarity group.

Choe Ryong-hae, the military Politburo chief, reportedly asked Kim Jong-un to put Department 54 back into military hands to buy Chinese fighter jets, but his request was rejected. Instead, the military was given charge of about 30 trading companies that had been run by the Cabinet, it added.

englishnews@chosun.com / Jan. 13, 2014 11:49 KST


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: kimjongun; kimyeojong; nkorea

1 posted on 01/14/2014 4:07:43 AM PST by TigerLikesRooster
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To: TigerLikesRooster; AmericanInTokyo; Steel Wolf; nuconvert; MizSterious; endthematrix; ...

P!


2 posted on 01/14/2014 4:08:18 AM PST by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

Seems like it’s a job where you end up dead....sooner or later.


3 posted on 01/14/2014 4:17:27 AM PST by pepsionice
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To: pepsionice
Seems like it's a job where you end up dead....sooner or later.

In North Korea, poo-poo platter mean someday you eat dogs, someday the dogs eat you.

4 posted on 01/14/2014 4:22:20 AM PST by Covenantor ("Men are ruled...by liars who refuse them news, and by fools who cannot govern." Chesterton)
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To: TigerLikesRooster

coffers or coffins??


5 posted on 01/14/2014 4:23:49 AM PST by Sacajaweau
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To: TigerLikesRooster

That whole family is going to the dogs.


6 posted on 01/14/2014 6:02:09 AM PST by dmz
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To: TigerLikesRooster

I got question

Does he get along with his kid sister

If I was her I wouldn’t take the job I think he gave offer she can’t refuse

I know I couldn’t never could do business with my older brother

We be at each other thorat LOL!


7 posted on 01/14/2014 8:57:22 AM PST by SevenofNine (We are Freepers, all your media bases belong to us ,resistance is futile)
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To: TigerLikesRooster

Have to wonder what, if any, qualifications she has other than being related by blood? I presume Kim trusts her (or else) but does she have any management experience at all? Any financial acumen? Run a cool-aid stand?


8 posted on 01/14/2014 8:29:24 PM PST by miele man
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To: TigerLikesRooster
So AH CHU is passing out the Caught Medicine!
9 posted on 01/15/2014 4:02:26 AM PST by Young Werther (Julius Caesar said "Quae cum ita sunt. Since these things are so.".)
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To: miele man
There lies the problem for NK regime:
Regime's inner core is made up of those in 20’s or 30’s with little competence.
10 posted on 01/15/2014 6:43:40 AM PST by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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