Posted on 01/26/2018 7:15:23 PM PST by TigerLikesRooster
Kim Jong Un Slush Fund ‘Running Out’ as North Korea Tests Weapons Despite Sanctions
2018-01-25
A critical slush fund controlled by North Korea’s leader Kim Jong Un is nearly depleted following a series of nuclear weapon and missile tests, and the nation’s decision to participate in the upcoming Winter Olympic Games is part of a plot to bolster its failing economy, according to sources.
Two Chinese sources with connections to North Korea’s ruling elite told RFA’s Korean Service Wednesday that Kim—now in his seventh year of leading the North—has nearly exhausted the slush fund he inherited from his predecessor and no longer has enough money to govern the country.
“Due to Kim Jong Un’s extravagant spending, the slush fund from his father, Kim Jong Il, is running out,” said one of the sources, speaking on condition of anonymity.
“It won’t be easy to control North Korea’s high-level executives, who are [cunning] like raccoons.”
The source said that he is “well-acquainted” with executives from Office No. 39—a secretive organization under the ruling North Korean Workers’ Party that works to provide an estimated U.S. $500 million to U.S. $1 billion in funds annually to the country’s leadership through a number of illicit activities, including counterfeiting, drug production, and international insurance fraud.
“I heard them worrying about insufficient funds in Office No. 39 a number of times,” he said, adding that “high-level North Korean executives are aware of it, so it is not a secret among them.”
(Excerpt) Read more at rfa.org ...
P!
Is anyone else concerned that Kim will pull something at olympics or use their presence there to disrupt or destroy?
I’m sure Iran would be happy to send them a couple billion in various currencies in small unmarked denominations that they have lying around.
The cryptocurrency was serial numbered, so it can be traced. /s
I’m concerned, that in desperation, Kim will attack my Nigerian banking contact.
Haha
They also have a tendency to make military provocation during important sports events such as Olympics or World Cup Soccer Game in S. Korea, but they have not done it while their athlete contingent was in S. Korea.
I’m surprised that John Kerry isn’t working behind the scenes to help North Korea develop their ICBM nukes.
Take out roan from Crinton Grobal Initiative.
“I’m concerned, that in desperation, Kim will attack my Nigerian banking contact.”
You’d better close it quick, because I hear Rocket Man is consulting with “The Psychic Friends Network” in a attempt to bail himself out.
t won’t be easy to control North Korea’s high-level executives, who are [cunning] like raccoons.”
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Source droppin undeniable points about racoons. Legit article. Thank you for sharing this.
North Korea is so secretive. Is it, even, possible to keep accurate track of 100% of North Korea’s money?
This particular article is based on conversations Chinese had with some of those people posted in China.
John Kerry was in Vietnam you know. It seared in his memory. Seared I tell ya. Seared.
[Soldier with a rifle] "Let's go, grandma! That window to your room's not going to mount itself!"
He's quite busy helping America's enemies...
The former Secretary of State traveled today to the Hermit Kingdom to offer his support to the impoverished nation, telling Kim to “hold on and be strong” - “play for time ... [and] not yield to President Trump’s demands.”
Fiction, but could be true!
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