How North Korea takes advantage of global corruption to evade sanctions

Featured in NK News


North Korea

quote

Kleptocrats and sanctions-evaders have quite a bit in common — both seek out countries with weak anti-corruption rules and regulations. The same institutions that the world’s wealthy exploit to hide their assets are the same ones that North Korea and other countries use to skirt U.S. and international sanctions. An effective sanctions regime thus starts by tackling systemic corruption.