A Japanese court has blocked a Mongolia-based company’s bid to buy the Tokyo headquarters of the main pro-North Korea organization in Japan, Chongryon.
After months of screening, the Tokyo District Court announced on Thursday that due to purchase irregularities it would not allow the Ulan Bator-based Avar Limited Liability Company to purchase the property, which still serves as the headquarters for Japan’s main pro-North Korea organization.
The Mongolian firm, which had previously won an October 2013 auction for the building with a 5.01 billion yen (U.S. $48 million bid) bid, was rejected by the court
A Japanese court has blocked a Mongolia-based company's bid to buy the Tokyo headquarters of the main pro-North Korea organization in Japan, Chongryon.
After months of screening, the Tokyo District Court announced on Thursday that due to purchase irregularities it would not allow the Ulan Bator-based Avar Limited Liability Company to purchase the property, which still serves as the headquarters for Japan's main pro-North Korea organization.
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About the Author
Kosuke Takahashi
Kosuke Takahashi is a Tokyo-based journalist. His work has appeared in the Asahi Shimbun, Bloomberg, Asia Times, Jane's Defence Weekly and The Diplomat, among other publications. You can follow him on Twitter @TakahashiKosuke