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News US court awards Otto Warmbier’s parents $2.2M in frozen North Korean fundsMoney seized from Russian bank to be paid in line with ruling that family is owed $500M over student’s wrongful death  A U.S. court has ruled that some $2.2 million of North Korean funds seized from a Russian bank must be paid to the parents of Otto Warmbier, the American student who died shortly after his release from a lengthy detention in the DPRK. The Southern District of New York approved Cindy and Fred Warmbier’s request to acquire the funds in line with a 2018 ruling that North Korea owes the Warmbiers over $500 million dollars in damages. © Korea Risk Group. All rights reserved. |
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