North Korea receives transfer of $25 million
Wednesday, June 20, 2007
North Korean funds previously frozen in a Macau bank has been transferred to , the North Korean capital. The money was released late last week, and transferred from Macau to the in , and from there to a Russian bank and then into an account controlled by the North Korean government.25 million of
Pressure is mounting from the international community on the Pyongyang government to shut down its Yongbyong nuclear reactor. North Korea has been refusing to move forward due to the freezing of these funds in 2005.
- N Korea given money, told to shut N-plant" — , June 20, 2007 . "
- Hiroshi Hiyama. "With banking row over, U.S. urges N. Korea to shut reactor" — , June 20, 2007
- David Lague. "U.S. says North Korea may begin shutting reactor in weeks" — , June 18, 2007