October 20, 2021

North Korea earned millions in illicit funds last year, UN experts say

Latest report from UN's Panel of Experts finds Pyongyang continues to find ways to circumvent crushing sanctions

North Korea continued to violate a wide range of United Nations sanctions last year and earned hundreds of millions of dollars in illicit funds for Pyongyang as a result, the UN Security Council's (UNSC) Panel of Experts (PoE) on the DPRK said in a new report released Friday.

The 259-page document, compiled by experts representing the UNSC member states, outlines in detail the lengths the DPRK continues to go in order to keep cash flowing into the country, despite punishing sanctions that have endured for years and appear unlikely to be relaxed anytime soon.