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N.K. using Malaysian bank to deal weapons with Myanmar

2010-03-30 17:22

North Korea sought payment through a bank in Malaysia for its suspected shipment of weapons to Myanmar that is being carried on a freighter tracked by the U.S. Navy, a source said Saturday, according to Yonhap News.

The visit by a U.S. envoy to Malaysia this weekend will focus on ways to cut off the payment transaction for the cargo from the bank in Malaysia to North Korean leader Kim Jong-il, the source said.



"Kim will have a hard time collecting his money," the high-level source said, speaking strictly on condition of anonymity. The source declined to identify the bank due to diplomatic concerns.



Philip Goldberg, the U.S. coordinator for the implementation of a U.N. Security Council resolution that punishes North Korea for its May 25 nuclear test, is scheduled to arrive in Malaysia on Sunday.



The visit comes after the White House said late last month that U.S. President Barack Obama discussed North Korea and financial regulations with Malaysia`s Prime Minister Najib Razakon by phone.



It also comes as North Korea`s Kang Nam freighter is apparently returning home after being tracked by a U.S. Navy destroyer that suspects it is carrying cargo banned under the resolution.



Resolution 1874, which reinforced sanctions that were imposed after North Korea conducted its first nuclear test in 2006, bans Pyongyang from exporting any type of weapons -- light or heavy.



According to another source in Seoul, the Kang Nam is believed to be carrying small Soviet-era arms such as AK-47 rifles and RPG-7 anti-tank launchers.



AK-47s and RPG-7s are two of the most widely traded Soviet-era weapon types that North Korea is capable of producing on its own.



"Kim appears to have received earnest money for the shipment, but it is a small sum compared to the payment held up in Malaysia," the source said.

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The ruling Grand National Party yesterday zeroed in on chief justice Lee Yong-hoon as it upped the ante in a dispute over controversial court rulings.
The conservative GNP called on the Supreme Court head to take responsibility for the controversy surrounding "slanted" rulings.

The party said it will officially demand he dissolve a private association of young, progressive-minded justices who are involved in the court decisions in question.

Lee struck back, telling reporters, "I will firmly safeguard the independence of judiciary."

Lee had kept silent in the face of one of the widest-reaching and fiercest political disputes to engulf the judicial institution. Lee was appointed by former President Roh Moo-hyun in September 2005 for a six-year term.

The GNP and conservatives blamed him for "leftist tendencies" among young justices and a series of "politically biased" rulings.



Lee had kept silent in the face of one of the widest-reaching and fiercest political disputes to engulf the judicial institution. Lee was appointed by former President Roh Moo-hyun in September 2005 for a six-year term.

The GNP and conservatives blamed him for "leftist tendencies" among young justices and a series of "politically biased" rulings.