Monday, April 9, 2007

NORTH KOREA TRANSFERENCE TO LATIN AMERICA????....NO PROBLEMA CHINA!!!

The $25 million in 50 North Korean accounts at Banco Delta Asia in the Chinese-administered region of Macau was frozen in September 2005 after the U.S. accused the bank of helping the communist nation launder money and handle counterfeit U.S. bills.
The money is a key part of the negotiations, with the impoverished North refusing to move forward due to the delayed transfer.
Last week, the State Department said a hitch stalling the release of the funds had been resolved. No details were released on when or how the money would be transferred.
Washington supports the release of all the funds, but the reluctance of international banks to deal with North have complicated returning the money, Hill suggested Monday (WHO IS THIS ASWOLL???????????????)).

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