Search Results for: Treasury Justice

October 30, 2019

Report: Kim Jong-un starves his people, America blamed, women hardest hit

It has now been five years since a U.N. Commission of Inquiry found exhaustive evidence of Pyongyang’s culpability for “crimes against humanity, arising from ‘policies established at the highest level of State,’” including “the inhumane act of knowingly causing prolonged starvation.” It has been less than a year since Human Rights Watch interviewed dozens of witnesses to find that North Korea’s government has built a pervasive culture of rape, where officials prey on women with impunity. But now, a group...

Categories Famine & Food Aid/Propaganda/Useful Idiocy
May 10, 2019

I’ll give you a topic. The final voyage of the “Wise Honest” was neither. Discuss.

The U.S. Attorney’s Office for the Southern District of New York has seized and sued to forfeit a 17,000-ton North Korean bulk carrier that was hauling neither rice, nor corn, nor milk, but coal to enrich Kim Jong-un, and machinery to keep his mines and his military-industrial complex from shutting down.1 And it was doing it with money laundered through correspondent banks in our country, in New York City. This is the great, uncharged crime of the M/V Wise Honest,...

Categories Money Laundering/Shipping sanctions/U.S. Law
April 30, 2019

OFK Exclusive: Court orders three Chinese banks to comply with subpoenas for North Korea-related records

There is (or should be) a modern Chinese curse that goes something like this: “May the subpoenas fall like rain on your New York correspondents.” In December 2017, that curse afflicted three Chinese banks that now find themselves enmeshed in an expensive and legally perilous FBI investigation into the laundering of large amounts of Kim Jong-un’s lucre. With today’s unsealing of Chief Judge Beryl Howell’s opinion, ordering the banks to comply with the subpoenas, the story can be told. You...

Categories Money Laundering/Sanctions/U.S. Law
April 23, 2019

The “experts” were wrong. The sanctions are working.

The fact that even the New York Times says so didn’t make it so; it just made it harder for people who trust the New York Times to deny it. But for those of us who’ve always put more stock in the Daily NK and Rimjin-gang, the evidence has been piling up for more than a year. Our chronology begins in March 2016, two months after North Korea’s fourth nuclear test and one month after Congress passed the North Korea Sanctions...

Categories Sanctions
February 28, 2019

How to negotiate a lasting peace in Korea, feed the hungry, and heal the sick

Let’s say you still believe in a negotiated disarmament of North Korea, something to which I assign a ten percent probability at most. Or, let’s say you don’t. Suspend your disbelief and assume that aggressive sanctions enforcement—the enforcement Kim Jong-un tricked Trump into calling off nearly a year ago—becomes a sufficient threat to the solvency and cohesion of Kim Jong-un’s regime that he comes back to the table next year, offers to submit a complete declaration of his WMD programs...

Categories Class Warfare/Democracy/Diplomacy/Sanctions/U.S. Law
December 10, 2018

Rape, revenge, sanctions & North Korea’s hated Ministry of Love

FIVE HUNDRED YEARS AGO, Machiavelli mulled the question of whether a tyrant should seek to be feared or loved. The Ministry of State Security or MSS is North Korea’s analog to Orwell’s Ministry of Love,1 but in reality, it is Kim Jong-un’s most feared and hated enforcer. It targets “spies, subversive elements, and political criminals” — the people the state fears most. It runs North Korea’s most horrific prison camps, of which one North Korean woman interviewed secretly by the BBC said, “It is...

Categories Human Rights/Resistance/Sanctions
November 27, 2018

DOJ sues to forfeit $3M linked to N. Korean money laundering, proliferation financing & slave labor

This afternoon, the U.S. Attorney’s Office for the District of Columbia filed suit to forfeit just over $3 million that three defendants allegedly laundered for an interconnected network of North Korean banks and front companies, in violation of the North Korea Sanctions and Policy Enhancement Act and the International Emergency Economic Powers Act: $599,930.00 in funds “associated with” Cooperating Company 1 of Singapore, which agreed not to contest the forfeiture (and hopefully more), and which used “a bank account in...

Categories Money Laundering/Sanctions/U.S. Law
November 19, 2018

How engaging the wrong North Koreans set back openness, reform & peace

South Korea’s social-nationalist government, joined by too many Western academics of the sort who bask in its generosity and fear the withdrawal of it, has re-embraced the “Sunshine” hypothesis. This hypothesis equates nearly all economic “engagement” with North Korea’s military-industrial complex — also known as “the Democratic People’s Republic of Korea” — with economic openness, and economic openness with political openness, disarmament, prosperity, and peace. The Western exemplar of no-questions-asked engagement is the NGO and media darling known as Choson...

Categories North-South/Sunshine
October 29, 2018

DOJ indicts Singaporean businessman for conspiring to violate North Korea sanctions

The U.S. Attorney’s office for the Southern District of New York has indicted Singaporean national Tan Wee Beng for laundering money on behalf of two sanctioned North Korean banks—Daedong Credit Bank of Panama Papers infamy, and Korea Kwangson Banking Corporation of Dandong Hongxiang infamy. Both banks have been designated and blocked for years under Executive Order 13382, for proliferation financing. Both banks are also designated by the U.N. Security Council. You can read the indictment here and the Justice Department’s...

Categories Money Laundering/U.S. Law
August 7, 2018

South Korea implicated in large-scale violations of U.N. coal, shipping sanctions against North Korea

This week, a scandal is burgeoning in South Korea that a wholly owned subsidiary of the nation’s largest power company purchased large quantities of North Korean coal in violation of the coal export ban of UNSCR 2371. The other day, I tweeted about a Korean-language report in the right-leaning site Pennmike, indicating that a Belize-flagged ship carrying North Korean coal was spotted in the port of Pyeongtaek. We’ve since learned that this violation was part of a broader, long-standing, illicit...

Categories Shipping sanctions
April 27, 2018

The Warmbiers sue North Korea

WHILE THE WORLD IS AGOG AT THE SIGHT OF KIM JONG-UN’S impersonation of a human being, Fred and Cindy Warmbier wish to remind you of his true character by sharing with you what their son—or what was left of him—was like when he came home from North Korea. Yesterday, they filed suit in the U.S. District Court for the District of Columbia against the North Korean government for the wrongful death of Otto Warmbier. I downloaded the complaint from PACER. Warmber...

Categories Foreigners in N. Korea/Terrorism (NK)/U.S. Law
April 25, 2018

Steve Mnuchin is defying Congress & undermining the President’s North Korea policy

WHO, EXACTLY, DOES STEVE MNUCHIN THINK HE WORKS FOR—Donald Trump or Xi Jinping? We are just weeks away from a scheduled meeting between the President who appointed Mnuchin and the dictator of North Korea. That meeting may decide whether it’s still possible to disarm the North through diplomacy instead of a war that could easily go nuclear. Unlike every other U.S. president since there has been a North Korea, President Trump grasps that the prerequisite to a successful negotiation is...

Categories Money Laundering/Sanctions/U.S. Law
April 3, 2018

How to build a big, beautiful (financial) wall around North Korea & make Kim Jong-un pay for it.

HERE IN WASHINGTON, THE BLOB IS ALL ATWITTER over a possible summit between Donald Trump and Kim Jong-un. Those who see no solution to this crisis but the next piece of paper took the news with the same mixture of euphoria and dread as a man who waits four hours in the emergency room in throbbing agony, only to hear, “Doctor Oz will see you now.” But in reality, a Trump-Kim summit is no more than 40 percent likely to...

Categories Money Laundering/Sanctions
February 28, 2018

You want maximum pressure? Oh, I’ll show you maximum pressure.

SINCE LAST WEEK, WHEN THE TREASURY DEPARTMENT announced 56 designations of ships, shipping companies, and trading companies, reporters have been emailing me to ask whether this is finally the “maximum pressure” the Trump administration has been talking about. The short answer is “no.” In terms of length alone, yes, this was the largest set of North Korea designations ever, although we should discount for the fact that most of the 28 ships were effectively designated twice (once per ship, and...

Categories Money Laundering/Sanctions/Shipping sanctions
February 2, 2018

Dandong Delenda Est: A little-noticed law may soon raise the pressure on China over N. Korea’s smuggling

IF OUR CHOICES FOR ADDRESSING THE KOREAN MISSILE CRISIS come down to (a) a trade war with China, or (b) a nuclear war with North Korea, which option is worse? If you still believe that begging Kim Jong-un for another piece of paper he doesn’t want and wouldn’t keep is the answer, no amount of evidence will convince you. To accept Pyongyang’s nuclear status in the mistaken belief that conventional means can deter Kim Jong-un’s campaign to gradually blackmail, censor,...

Categories Sanctions/Shipping sanctions
December 11, 2017

Korean War II: A Hypothesis Explained, and a Fisking (Annotated)

(Update, May 2018: A hypothesis should to be tested by its predictive record. I’ve now watched, with growing alarm, how events since the publication of this post have validated it as a predictive model. I’ve recently gone back and embedded footnotes throughout, to indicate which specific predictions have been validated, or not.) In the last several months, as Pyongyang has revealed its progress toward acquiring the capacity to destroy an American city, the North Korea commentariat has cleaved into two...

Categories Fiskings/Korean War II
December 1, 2017

Cash & credit squeeze hits China-North Korea trade

One of the more maddening tropes I see in reporters’ coverage is a question that’s usually presented as dispositive to the success of sanctions: “Will China cooperate?” For reasons I’ve already explained and don’t have time to repeat today, I always answer that question by asking what the questioner means by “China.” The point being: yes, it would be nice if Xi Jinping finally came around to the rising risk that Kim Jong-un will bring war, instability, disrepute, and bankruptcy...

Categories China & Korea/Money Laundering/Sanctions
November 28, 2017

The crocodiles of Pyongyang: A remembrance of Zimbabwe & thoughts on the fall of tyrants

The man who terminated the 37-year misrule of Robert Mugabe last week and then took his job is a general named Emmerson Mnangagwa with a history as ominous as his nickname: “the Crocodile.” Long one of Mugabe’s most ruthless cronies, Mnangagwa’s resume includes leading Zimbabwe’s feared Central Intelligence Organization and dispatching the North Korean-trained Fifth Brigade to Matabeleland in the early 1980s to wage a pogrom that killed up to 20,000 members of the minority Ndebele tribe. He draws support...

Categories Africa/Regime Change