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DPRK denies involvement in money laundering

Pyongyang, Oct 3 (Prensa Latina) The Democratic People's Republic of Korea (DPRK) today denied any involvement in money laundering, financing of terrorism and any other international crimes, through a statement issued by the National Committee in charge of such matters.

The statement followed a recent decision by the Asia-Pacific Group on Money Laundering to deprive Pyongyang of its observer status.

Our country joined that group as an observer to clearly show that it has nothing to do with money laundering, financing of terrorism and other forms of international crimes, recalled a spokesman for the National Committee.

He said that, among other moves demonstrating Pyongyang’s strict fulfillment of its commitments, the country had signed the UN Convention against Transnational Organized Crime in 2016 and amended the national law against money laundering and financing of terrorism.

The Asia-Pacific Group on Money Laundering has ignored our sincere efforts and transparent measures, revealing its obedience to the US hostile policy, which seeks to thwart our state’s right to development at any cost, he denounced.

Reiterating the DPRK’s unchanged principled stand against money laundering and financing of terrorism, the statement revealed no sorrow for the country to be excluded from a group that has become Washington’s political tool.

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