Debate Magazine

North Korea’s Kim: Another Socialist Dictator with Multimillions in Assets

By Eowyn @DrEowyn

The world sure is a strange place.

Socialist Hugo Chavez, the Venezuelan dictator whose recent demise broke socialist Sean Penn’s heart, died with a family fortune worth $2 billion. (Socialist Sean Penn has an estimated net worth of $150 million.)

Similarly, the personal fortunes of the socialist Castro brothers (Fidel and Raúl) in socialist Cuba are estimated to be about $2 billion.

Now comes news that the socialist young leader of the socialist and increasingly belligerent North Korea has a slush fund of hundreds of millions of dollars secreted in bank accounts all over the world. This, in a country where reportedly, many are starving and driven to cannibalism because of years of famine and government mismanagement.

North Korea's new leader: Kim

North Korea’s leader: Kim “Porky Pig” Jong Un

Chosun.com reports, March 11, 2013, that South Korean and U.S. authorities have found dozens of accounts presumed to belong to North Korean leader Kim Jong-un in several banks in Shanghai and other parts of China. They contain hundreds of millions of dollars.

Yet for some reason the accounts were excluded from financial sanctions under the new UN Security Council Resolution 2098, posing questions over the effectiveness of the measures.

A government source in South Korea said an investigation that lasted for several years led South Korea and the U.S. to the accounts: “We have located the names of the account holders and account numbers, some of them set up in the days of former North Korean leader Kim Jong-il.”

South Korean and U.S. officials urged China to include the accounts in the latest sanctions against North Korea, but Beijing apparently refused.

In 2005, the U.S. froze US$25 million Kim Jong-il had deposited in some 50 accounts at Macau’s Banco Delta Asia. North Korea hit back by boycotting the six-party nuclear talks, launching a long-range missile and conducting its first nuclear test in 2006.

~Eowyn


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Shilo Sanders- Son Of Deion Sanders Thanks Courts For Allowing Him To Live With...

    Shilo Sanders- Deion Sanders Thanks Courts Allowing Live With Pilar

    ChristianNews Shilo Sanders, the son of NFL Hall of Famer,  Deion Sanders took to twitter to “thank” the courts for allowing him to live with his mother, Pilar... Read more

    The 04 August 2017 by   Firstladyb
    SPIRITUALITY
  • “I Feel Great”

    Feel Great”

    Jakub went to his doctor's office believing that he had a back injury, but returned with a chocking diagnosis instead. He had type 2 diabetes - in spite of... Read more

    The 04 August 2017 by   Dietdoctor
    DIET & WEIGHT
  • July Allotment Recap (2/2)

    July Allotment Recap (2/2)

    Sunday afternoon saw us return bravely to 24a even though there were more thundery showers foretold by the weatherman. I will admit that I guffawed at the... Read more

    The 04 August 2017 by   Chrryblossomtat2
    GARDENING, HOME
  • Culinary Delicacies in Croatia- What to Eat and Drink in Croatia

    Culinary Delicacies Croatia- What Drink Croatia

    In my earlier post, we spoke about how Croatia is a stunning European destination, let us now see what are the culinary delicacies in Croatia or what you can... Read more

    The 04 August 2017 by   Kash Pals
    FOOD & DRINK, A-CLASSER
  • #Golf Training Aids Spotlight: The Delta Putt

    #Golf Training Aids Spotlight: Delta Putt

    Do you consider yourself to be a strong putter or do you feel you could improve your make percentage on the green? Most amateurs could use help with the flat... Read more

    The 04 August 2017 by   Golfforbeginners
    GOLF, SPORTS
  • Three Incredible Hikes in Southern Iceland3 Min Read

    Three Incredible Hikes Southern Iceland3 Read

    Nature takes center stage in Iceland, where there's a stunning view around every bend: massive glaciers, expansive lava fields, powerful waterfalls, black sand... Read more

    The 04 August 2017 by   Healthytravelblog
    TRAVEL
  • What I Wore: Daytime Pajamas

    What Wore: Daytime Pajamas

    Pajama top: ELOQUII (14) | Pajama pants: ELOQUII (14) | Shoes: ASOS (similar) | Earrings: J. Crew ( same in different colors, similar concept in same color) |... Read more

    The 04 August 2017 by   Wardrobeoxygen
    FASHION, SELF EXPRESSION, SHOPPING