Kim Chol-sam

Kim Chol-sam (born 11 March 1971) is a North Korean banker, the treasurer of Daedong Credit Bank (DCB).

Kim Chol-sam
Treasurer of Daedong Credit Bank
In this Korean name, the family name is Kim.

Kim Chol-Sam and British banker Nigel Cowie created a shell company called "DCB Finance" to circumvent sanctions, help sell arms, and expand its nuclear weapons programme.[1]

Daedong Credit Bank, has been placed under US sanctions.[2]

Kim has been named in the Panama Papers.[3][4][5]

See also

References
  1. Garside, Juliette; Harding, Luke (2016-04-04). "British banker set up firm 'used by North Korea to sell weapons'". The Guardian. ISSN 0261-3077. Retrieved 2016-04-05.
  2. Andrew Buncombe. "Panama Papers: Mossack Fonseca 'helped firm with links to North Korea's nuclear weapons programme' | Americas | News". The Independent. Retrieved 2016-04-06.
  3. "Panama Papers: Mossack Fonseca 'helped firms subject to sanctions' - BBC News". BBC News. Retrieved 2016-04-05.
  4. 북한은행도 모색 폰세카 고객, 국제감시 피해 조세도피처로 (in Korean). Newstapa. Retrieved April 6, 2016.
  5. "Treasury Sanctions Bank, Front Company, and Official Linked to North Korean Weapons of Mass Destruction Programs". U.S. Department of the Treasury. June 27, 2013. Retrieved April 6, 2016.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.