North Korean leader Kim Jong-un has a US$3 billion to US$5 billion “revolutionary fund” stashed in bank accounts under false names in Switzerland and other countries, says a report in Japan’s Asahi Shimbun, quoting a South Korean analyst.
The fund has been used by successive North Korean leaders and members of the Kim dynasty, North Korea’s “royal family,” to govern the country, Cho Bong-hyun of the Industrial Bank of Korea in Seoul told Asahi.
Kim has used the fund to reward high-achieving senior officials with expensive watches and electronic goods, while the royal family has spent cash on luxury items. Some sources said the fund has even been used to finance Pyongyang’s nuclear and missile programs.
Other parts of the revolutionary fund are kept at financial institutions in Hong Kong and countries in the Middle East, Cho added.
Good policy by President Moon!
These are fabricated news. Switzerland is not a country stand for North Korea. If there is any kind of such a huge amount of North Koren funds inside Switzerland it’s frozen by themself. That’s what history teach us clearly.
That’s propaganda….
Failing to defeat the North Korean leader false and fabricated stories are now circulated by the obedient press. When Pakistan tests missiles, no action sanctions against it. But if it’s country not a puppet of US, then the whole world crumbles down. What a double standard!
Go on telling the Fairy Tale stories to world.
Well….you know how much and where it is. Show it to us. Give us the proof. Otherwise just more bullshit.