April 23, 2024

North announces anti-money laundering panel

Observers think certain parties in Pyongyang may have serious interest in cracking down on improprieties

North Korea has formed a new committee to combat money-laundering and the financing of terrorism.

In doing so, it may be seeking to escape punitive measures inflicted by the international community, but some observers believe that this may be a sincere – if self-interested – push by certain sectors of the North Korean regime.

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