The transaction of North Korea’s suspected shipment of weapons to Myanmar, currently being carried on a freighter tracked by the U.S. Navy, was planned to be paid through a bank in Malaysia and the visit by a U.S. envoy to Malaysia this weekend will focus on ways to cut off the payment transaction, Yonhap reported Saturday citing an unnamed “high-level” source.
“Kim Jong-il will have a hard time collecting his money,” the high-level source said, speaking strictly on condition of anonymity. The source declined to identify the bank due to diplomatic concerns.
Philip Goldberg, the U.S. coordinator for the implementation of a U.N. Security Council resolution that punishes North Korea for its May 25 nuclear test, is scheduled to arrive in Malaysia on Sunday.
The visit comes after the White House said late last month that U.S. President Barack Obama discussed North Korea and financial regulations with Malaysia’s Prime Minister Najib Razakon by phone.
It also comes as North Korea’s Kang Nam freighter is apparently returning home after being tracked by a U.S. Navy destroyer that suspects it is carrying cargo banned under the resolution.
The U.N. Resolution 1874, which reinforced sanctions that were imposed after North Korea conducted its first nuclear test in 2006, bans Pyongyang from exporting any type of weapons. It also bans nations from making financial transactions with North Korea.
According to another source in Seoul, the Kang Nam is believed to be carrying small Soviet-era arms such as AK-47 rifles and RPG-7 anti-tank launchers.
AK-47s and RPG-7s are two of the most widely traded Soviet-era weapon types that North Korea is capable of producing on its own.
The U.S. believes there are “multiple” North Korean ships used to export weapons.
Dear brother Anwar, I take it that your objections are purely on the merit that Myanmar is the (justified) target and not America’s enemy “NK”. Indeed the Malaysian minister(s) involve should be reprimanded as this “inhumane”corruption flies in the hope of aiding the unjust regime in Myanmar. Please brother lets participate in the same vigorous manner against the injustices America the State of Israel Thailand and the continued war of occupation in Afghanistan lest we interpret your support for justice as a vindication of UN hypocrisy, not to mention US selective punishment and attempts to cripple non-compliant states. At lest be balance in your condemnations. America holds more blood on its hands than any other country with the exception of the Illegal state of Israel. Germany provide the Zionist regime with Dolphin Submarines with specially bored tubes to facilitate nuclear missiles. Japan has launched and tested far more nuclear missiles capable vehicles than all of ASIA put together. Japan do have a history of aggression and is a member of the coalition of the willing which invaded and caused the deaths of 1.3 million Iraqis thus far.
Sincerely
Ghifari Al Mukhtar
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Which bank..????? I wanna know.
Under who’s approval & authority….!!! That…., I wanna know!!!!!
How & Why Malaysia is involved in these……..!!!!
Already Malaysia is regarded as “human traffickers” paradise, which is a current embarresment..!!!
And now with these…?????????
Anything else “degradding” that’s gonna put Malaysia on “the map”….????? Truly Asia lah….!!!
Is our goverment gonna deny all these or just buat “tak tau”….??????????????
Datuk Anwar, should “I” be proud to say I’m a Malaysian….??????????
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Dear Mr Ghifari Al Mukhtar, I trully disagree with what you had just posted above. As for now, when talking points become lies and we all know th
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Burma probably need protection and this is the pure reason for investing into weapons. Oil , Oil a plenty there and the oil pipe lines will attract many countries who are eyeing those commodities.
Burma once again will be a ‘target’ if they are not wise enough. However if the transaction is traced to Malaysia – then some eager profiteers are really making the big bucks irregardless of safety to mankind. These people are ‘dangerous’ .
Helping them is like self destructing to our own homeland / Thailand / Vietnam and Cambodia. See how MONEY can make the world goes round and round.
Remember what goes around comes around. Stop the destruction to mankind NOW before its too late.
WEAPONS is not only for protection but self destruct as well. Help to build a better world. Do not just use national security as an excuse for just anything in order to deviate the attention of the people. WE KNOW.
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ulam meningkah,
Jelas keputusan penaraf asing amat suci bahawa pusat kewangan persisir Labuan ditarafkan sebagai tidak tulus dan penuh dengan segala daya yang melangar tata bank. suatu ketika dahulu, maka tidak hairanlah jika ada bank tempatan kita telibat dengan urusan senjata haram. mereka perdulikan soal keselamatan dunia asalkan bank mereka untung.apakah bank negara sedar segala keritikan oleh penaraf asing???? apakah bank negara pekak dan tuli.kenapa perlu ada aduan dari pihak lain baru nak siasat??? inilah akibat apa bila kita engan menerima keritikan oleh penaraf luar!! kita sering menafikan keritikan penaraf luar ini semua kita persetankan!! mahukah kita di tarafkan pada masa hadapan kita sebuah negara fund untuk black markat untuk memusnahkan dunia!!lumrahnya kita tidak sedar kain kita koyak amat malang bila di tegur orang kita kata depa mata keranjang.sedangkan kita tidak seksi pun!!!! sudahlah kita hodoh dalam soal kewangan kain kita koyak pula.
Kini jelas bank negara begitu pincang dalam meguruskan kewangan negara sehingga kita di lihat pemangkin pemusnah dunia. untuk melahirkan ketulusan kita unit penguatkuasaan BNM perlu di perbesarkan dan UMNO di tutup.
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To answer the question on the name of the bank, one should ask Nigel Cowie ( General Manager of Daedong Credit Bank DPRK ). Nigel was in Kuala Lumpur several years back to have meetings with several malaysian banks. He did meet with two malay banking officials from the International Banking Department of Maybank. Nigel can be contacted at the following numbers
DPRK
Switchboard 850 2 381 2228/9 ext 401
Direct line 850 2 381 4866
Mobile 850 193 801 8400
London Contact
Direct line 44 782 822 5650
The Daedong Credit Bank address is:
Daedong Credit Bank
401, Potonggang Hotel
Ansan-dong
Pyongchon District
Pyongyang
DPRK
Points of interest, after Prime Minister Najib Razak received the call from President Barack Obama, he had an immediate meeting with his brother Nazir Razak at Nazir’s house.
Other banks operating in the DPRK : -
1. Foreign Trade Bank
FTB Building, Jungsong dong, Central District, Pyongyang, North Korea
Phone: 850 2 18111
Fax: 850 2 3814467
2. The International Industrial Development Bank
Jongpyong-dong, Pyong chon District, Pyongyang, North Korea
Phone: 850 2 3818610
Fax: 850 2 3814427
3. Central Bank of North Korea
58-1 Mansu-dong, Sungri str, Central District, Pyongyang, North Korea
Phone: 850 2 18111 Ext: 81
Fax: 850 2 3814624
4. Korea Daesong Bank ( Kim Jong Il’s personal private bank under Department 39 )
Segori-dong, Gyongheung Street, Pyongyang, North Korea
Phone: 850 2 818221
Fax: 850 2 814576
5. Korea Joint Bank
Ryugyong 1 dong, Pothonggang District, Pyongyang, North Korea
Phone: 850 2 3818151
Fax: 850 2 3814410
6. Koryo Bank
Pong-Hwa Dong, Potonggang District, Pyongyang, North Korea
Phone: 850 2 3818168
Fax: 850 2 3814033
7. Bank of East Land
BEL Building, Jonseung-Dong, Pyongyang, North Korea
Phone: 850 2 18111
Fax: 850 2 3814410
8. Changgwang Credit Bank
Saemaeul-1 Dong, Pyongchon District, Pyongyang, North Korea
Phone: 850 2 18111 ext 999
Fax: 850 2 3814793
9. Credit Bank of Korea
Chongryu 1-Dong, Munsu Street, Otan-dong, Central District, Pyongyang, North Korea
Phone: 850 2 3818285
Fax: 850 2 3817806
Officials from north korean banks have also had discussions with bankers from the International Banking Department of CIMB Bank and RHB Bank.
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