Reuters: The United States on Wednesday declared North Korea a “primary money laundering concern,” and moved to further block its ability to use the U.S. and world financial systems to fund its weapons programs.
The U.S. Treasury Department called for a prohibition on certain U.S. financial institutions opening or maintaining correspondent accounts, which are established to receive deposits from or make payments on behalf of a foreign institution, with North Korean financial institutions.
Crucially, Treasury also prohibited the use of third parties’ U.S. correspondent accounts to process transactions for North Korean financial institutions. more
SNIP: Now why would NoKo need to launder money when Obama could give them the same deal he gave Iran? Or maybe they can get it from the Clinton Foundation if they call Hillary around 3am.
No cake for you!
Hillary doesn’t want the competition!