February 24, 2024
News

Blocked North Korean assets in U.S. reappear in State Sponsors of Terror report

DPRK's USD$63 million in frozen funds almost double amount listed in 2008

The U.S. has for the first time in a decade made public the monetary total of North Korean assets blocked by the Office of Foreign Assets Control (OFAC), in a Treasury Department report published Wednesday.

Referring to the amount for the calendar year 2017, the newest Terrorist Assets Report (TAR) lists USD$63.4 million in North Korean funds currently identified and blocked by OFAC.