WARSAW – Authorities are unable to help the owner of a Polish corporation who is owed over $1m by the North Korean government after diplomats refused to pay back loans used to fund the 2005 refurbishment of their Warsaw embassy, a local newspaper reported last week.
Andrzej Kompa, owner of the Kompa Investment Company, lent over $2 million to pay for renovations for the North Korean embassy in 2005. According to his agreement with the North Korean mission, the debt was to be paid back in monthly installments from revenue generated by the North Koreans renting part of their newly refurbished offices to external clients, but payments have instead fallen well short of what had been agreed.
WARSAW – Authorities are unable to help the owner of a Polish corporation who is owed over $1m by the North Korean government after diplomats refused to pay back loans used to fund the 2005 refurbishment of their Warsaw embassy, a local newspaper reported last week.
Andrzej Kompa, owner of the Kompa Investment Company, lent over $2 million to pay for renovations for the North Korean embassy in 2005. According to his agreement with the North Korean mission, the debt was to be paid back in monthly installments from revenue generated by the North Koreans renting part of their newly refurbished offices to external clients, but payments have instead fallen well short of what had been agreed.
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