Title : Japanese Report Is Saying that North Korean Leader Kim Jong Un's Slush Fund Is Running Out
link : Japanese Report Is Saying that North Korean Leader Kim Jong Un's Slush Fund Is Running Out
Japanese Report Is Saying that North Korean Leader Kim Jong Un's Slush Fund Is Running Out
Kim Jong-un calls for ‘positive & offensive’ measures to ensure N. Korea’s security amid stalled denuclearization talks with US
UPI: Kim Jong Un slush fund running out, report says
Dec. 30 (UPI) -- A North Korean slush fund established exclusively for Kim Jong Un's use could be running out of money, according to a Japanese press report.
Tokyo Shimbun reported Monday "Fund No. 216," a stash of money the North Korean leader inherited from father Kim Jong Il, retains less than $1 billion.
When Kim Jong Un inherited the fund, it was worth about $4 billion to $5 billion. A North Korean source told the Japanese news service the cause of the decline in funds is international sanctions.
With less than $1 billion in No. 216, the assets are likely to be depleted within a year, the report says.
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WNU Editor: This is nothing new. News reports were saying the same thing almost two years ago .... Kim Jong Un Slush Fund ‘Running Out’ as North Korea Tests Weapons Despite Sanctions (2018-01-25, Radio Free Asia).
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