Tuesday, July 18, 2017

North Korean Defector Reveals Why Sanctions Have Failed


Daily Caller: Former North Korean Money Man Reveals Why Over A Decade Of Sanctions Failed

The man who spent most of his career serving a clandestine division of the North Korean government tasked with managing the country’s legal and illegal economic activities overseas revealed in a recent interview why sanctions have failed to stop Pyongyang from developing deadly weapons of mass destruction and the means to deliver them to distant targets.

Ri Jong Ho is a defector who previously spent more than thirty years funneling millions of dollars into North Korea despite international sanctions. He served as an official in the secretive Office 39, which was created to manage the finances of the ruling Workers’ Party, generate foreign currency, and oversee the country’s production and trade. He stressed that sanctions have failed because there have always been ways to get around them.

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WNU editor: To me this is just more proof that if you want sanctions to work, you will have to directly target the banks that deal with North Korea.