Secret partner: North Korean in Thailand behind network of money-making entities



Analysis Secret partner: North Korean in Thailand behind network of money-making entities Nam Chol Ung smuggled North Korean counterfeit tobacco through Southeast Asia and ran popular “Korean” restaurant Min Chao Choy June 30, 2020 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Walking Street in Pattaya, Thailand \| Image: Flickr, Vishwanath Hawargi An NK Pro investigation has uncovered a network of Thai companies linked to a North Korean businessman, who was operating out of Bangkok and Pattaya with the help of Chinese and Thai partners. Previously a director for NCU Industries, Nam Chol Ung — sometimes spelled Nam Cho Hung, or a variation of the two — no longer appears in the Thai business registry. But investigation by NK Pro into Nam’s business interests reveal a well-hidden, sprawling logistics outpost in Thailand that Pyongyang would likely hate to lose. Nam, NK Pro can reveal, served as Read More © 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. LATEST ANALYSIS 01New North Korean ICBM delivers big political message, and likely bigger payloads 02How North Korea-Russia ties will challenge next US president, no matter who wins 03What to make of the stunning collapse in value of North Korean won 04What to know about Kim Yong Bok, the man leading North Korean troops in Russia 05If Trump: How erratic leader’s reelection could scramble North Korea policy 06North Korea’s admission of drone incursion exposes glaring gaps in air defenses 07The war in Ukraine is transforming how Europe perceives North Korean threats 08What North Korea stands to gain by sending troops to fight in Ukraine 09Satellite imagery shows DPRK laid explosives at edge of MDL to destroy roads 10Deciphering the return of No Kwang Chol as North Korea’s minister of defense

Analysis

Secret partner: North Korean in Thailand behind network of money-making entities

Nam Chol Ung smuggled North Korean counterfeit tobacco through Southeast Asia and ran popular “Korean” restaurant

Min Chao Choy June 30, 2020

Secret partner: North Korean in Thailand behind network of money-making entities

Walking Street in Pattaya, Thailand | Image: Flickr, Vishwanath Hawargi

An NK Pro investigation has uncovered a network of Thai companies linked to a North Korean businessman, who was operating out of Bangkok and Pattaya with the help of Chinese and Thai partners.

Previously a director for NCU Industries, Nam Chol Ung — sometimes spelled Nam Cho Hung, or a variation of the two — no longer appears in the Thai business registry.

But investigation by NK Pro into Nam’s business interests reveal a well-hidden, sprawling logistics outpost in Thailand that Pyongyang would likely hate to lose.

Nam, NK Pro can reveal, served as

01New North Korean ICBM delivers big political message, and likely bigger payloads
02How North Korea-Russia ties will challenge next US president, no matter who wins
03What to make of the stunning collapse in value of North Korean won
04What to know about Kim Yong Bok, the man leading North Korean troops in Russia
05If Trump: How erratic leader’s reelection could scramble North Korea policy
06North Korea’s admission of drone incursion exposes glaring gaps in air defenses
07The war in Ukraine is transforming how Europe perceives North Korean threats
08What North Korea stands to gain by sending troops to fight in Ukraine
09Satellite imagery shows DPRK laid explosives at edge of MDL to destroy roads
10Deciphering the return of No Kwang Chol as North Korea’s minister of defense

Secret partner: North Korean in Thailand behind network of money-making entities

LATEST ANALYSIS

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Min Chao Choy