Kim Chol-sam explained
| Kim Chol-sam |
| Native Name: | instead.--> |
| Office: | Treasurer of Daedong Credit Bank |
Kim Chol-sam (born 11 March 1971) is a North Korean banker, the treasurer of Daedong Credit Bank (DCB).
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
Notes and References
- News: British banker set up firm 'used by North Korea to sell weapons'. Garside. Juliette. 2016-04-04. Harding. Luke. The Guardian. en-GB. 0261-3077. 2016-04-05.
- Web site: Andrew Buncombe . Panama Papers: Mossack Fonseca 'helped firm with links to North Korea's nuclear weapons programme' | Americas | News . . 2016-04-06.
- Web site: Panama Papers: Mossack Fonseca 'helped firms subject to sanctions' - BBC News . BBC News . en-GB . 2016-04-05.
- Web site: ko. ko:북한은행도 모색 폰세카 고객, 국제감시 피해 조세도피처로. http://newstapa.org/32561 . Newstapa . April 6, 2016.
- Web site: 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 . April 6, 2016.
