Monday, July 6, 2009

More on the Malaysia-North Korea Bank matter

In this report on statements by the Chief of U.S. Naval Operations (CNO), Adm. Gary Roughead, made in Seoul after his meetings with South Korean official, a few other little tidbits of information were tucked in:
Malaysia, meanwhile, pledged Monday to work with the United States to block the North from using the Southeast Asian nation's banks to fund any weapons deals. Foreign Minister Anifah Aman said his government "does not condone" any illegal activities.

The assurance came as Philip Goldberg, a U.S. envoy in charge of coordinating the implementation of sanctions against Pyongyang, met with Malaysian officials.

South Korean media have reported that North Korea sought payment through a bank in Malaysia for the suspected shipment of weapons to Myanmar via the Kang Nam I.
That would be the Kang Nam 1 we've often mentioned here; one of 5 numbered ships of that series.

The possibility that Malaysia is willing to work with a financial sanctions regime is of great note. They have in the past been one of the more reliable routes for dictators and banned regimes to funnel money around. Choosing to "not condone" illegal activities is a great step forward. Of course, freezing accounts would be a better step; maybe that will come next.

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