Karmic Justice for Kumgang Investors
North Korea’s threats to confiscate South Korean property at Kumgang are having predictable consequences for its investment climate: In an interview with The Dong-A Ilbo yesterday, Ahn said the head of a conference member company recently died of a heart attack due to severe stress from his business in North Korea. The suspension of the inter-Korean tours caused the late chairman’s company to teeter on the verge of bankruptcy, causing his death at age 55, Ahn said. Ilyeon’s prospects are...