UN sends $1M to North Korean bank account for ‘humanitarian assistance’



News UN sends $1M to North Korean bank account for ‘humanitarian assistance’ Experts note there are no international personnel in country to verify whether DPRK uses the money as intended Chad O'Carroll November 4, 2022 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Kim Jong Un celebrates with North Korean athletes \| Image: KCTV (Sept. 16, 2015) The U.N. transferred a million U.S. dollars to a North Korean bank account last month for the reported purpose of supporting humanitarian work inside the country, a U.N. document seen by NK News shows. Outside groups have struggled to establish a direct banking channel to North Korea for years due to sanctions and other restrictions. Efforts to connect the DPRK’s Foreign Trade Bank (FTB) came to a screeching halt in 2021 as well. The U.N. transferred a million U.S. dollars to a North Korean bank account last month for the reported purpose of supporting humanitarian work inside the country, a U.N. document seen by NK News shows. Outside groups have struggled to establish a direct banking channel to North Korea for years due to sanctions and other restrictions. Efforts to connect the DPRK’s Foreign Trade Bank (FTB) came to a screeching halt in 2021 as well. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis The NK News Daily Update, an email newsletter to keep you in the loop Searchable archive of all content, photo galleries, special columns Contact NK News reporters with tips or requests for reporting Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts. Subscribe now All major cards accepted. No commitments – you can cancel any time. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

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UN sends $1M to North Korean bank account for ‘humanitarian assistance’

Experts note there are no international personnel in country to verify whether DPRK uses the money as intended

Chad O'Carroll November 4, 2022

UN sends $1M to North Korean bank account for ‘humanitarian assistance’

Kim Jong Un celebrates with North Korean athletes | Image: KCTV (Sept. 16, 2015)

The U.N. transferred a million U.S. dollars to a North Korean bank account last month for the reported purpose of supporting humanitarian work inside the country, a U.N. document seen by NK News shows.

Outside groups have struggled to establish a direct banking channel to North Korea for years due to sanctions and other restrictions. Efforts to connect the DPRK’s Foreign Trade Bank (FTB) came to a screeching halt in 2021 as well.

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UN sends $1M to North Korean bank account for ‘humanitarian assistance’

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