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"Malaysian-Korean partnership" financed North Korea?



The last 20 years the founder and CEO of Malaysian conglomerate “Malaysian-Korean partnership” (MKP), a native of North Korea's Han Hun Il cooperated with Pyongyang in violation of UN sanctions.



20.Apr.17 10:25 AM
By Christina Orlina
Photo Toinnov.com

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"Malaysian-Korean partnership" financed North Korea?
The last 20 years the founder and CEO of Malaysian conglomerate “Malaysian-Korean partnership” (MKP), a native of North Korea's Han Hun Il cooperated with Pyongyang in violation of UN sanctions .

The escaped in 2010 in Seoul citizen of North Korea, Lee Cheol-Ho, who for nine years worked as a trader in the Corporation Khan said about it. The Agency has been unable to verify this information from independent sources, and Han Heung-Il refused to contact reporters.

Holding “Malaysian-Korean partnership” was founded in 1964 year, 20 years ago it was headed by the Khan. The UN is investigating the company on suspicion of illegal cooperation with financial institutions of the DPRK, including the establishment through a front company Bank in Pyongyang.

On Thursday, the Central Bank of Malaysia stated that it would assist in the investigation of possible transfer of funds to North Korea.Deputy interior Minister of Malaysia noted that such information could harm the reputation of Kuala Lumpur as a regional financial centre, and urged the Central Bank to do to everything possible to conduct a thorough investigation.



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