Are you ready for a juicy secret? Brace yourself, folks – a North Korean firm has been carrying out operations through a London-based company and its Singapore subsidiary. But hold onto your hats, because the plot thickens – they’ve been using a third party! That’s right, an independent conglomerate based in Singapore has been helping them out. Talk about a surprise twist!
And what’s this? North Korean clients have been paying the intermediary at least $415 million? That’s no small change! It’s been going on for a decade, using front companies and even American banks. Looks like they really thought this one through.
But wait, there’s more – the operation depended on “financial facilitators linked to North Korea’s weapons of mass destruction proliferation network”. That’s right, folks, we’re talking about some serious Hollywood-level drama here. Who knew North Korea had such a gripping plot up their sleeves?
In all seriousness though, it’s important to note the gravity of the situation. The Treasury’s under secretary for terrorism and financial intelligence, Brian E. Nelson, had a few things to say about this. But we’ll leave the serious stuff to him and just say this – if North Korea ever decides to start a movie studio, sign us up.
Serious News: nytimes