Malaysian minister urges probe of fund transfers to North Korea

Malaysia should investigate the possible transfer of funds to North Korea's leadership, the deputy home minister said on Tuesday, after Reuters reported that the head of a Malaysian conglomerate had for years funneled cash to Pyongyang. Reuters on Monday cited a North Korean defector as saying that Han Hun Il, the North Korean founding chief executive of Malaysia Korea Partners (MKP), had funneled money to Pyongyang's leadership, the central committee of the ruling Workers' Party, for the past two decades. MKP's bank subsidiary in Pyongyang is also under investigation by the United Nations for possible violations of sanctions barring foreign companies from setting up joint ventures with, or taking an ownership interest in, North Korean banks.

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