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VOA: NK Banks Have 37 O'Seas Bank Accounts

Written: 2010-07-23 14:22:23Updated: 2010-07-23 15:39:15

VOA: NK Banks Have 37 O'Seas Bank Accounts

The Voice of America (VOA) says North Korean banks reportedly have a total of 37 overseas bank accounts in 12 nations, including China.

Quoting the U.N. committee that oversees sanctions on North Korea, the U.S.-government broadcaster said that of the international bank accounts held by the North's banks, 17 are in China and eleven are in Europe.

The broadcaster reported that the overseas accounts will be a prime target for sanctions imposed by the U.S. as they are integral to cash flow for the North Korean regime.

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