KUALA LUMPUR Malaysia’s central bank said on Thursday it will help legislation enforcement businesses investigating the feasible movement of cash to North Korea, after Reuters reported the North Korean head of a Malaysian organization had for decades despatched money to Pyongyang’s leadership.
Reuters on Monday cited a North Korean defector as expressing that Han Hun Il, the founding chief government of Malaysia Korea Partners (MKP), had for two decades funneled cash to the central committee of Pyongyang’s ruling Workers’ Social gathering.
MKP is also below investigation by the United Nations for the feasible violation of sanctions on North Korea.
Malaysia’s deputy dwelling minister had said in response that the reviews could destruction Kuala Lumpur’s track record as a economic hub and referred to as on the central bank to look into the alleged transfer of cash to North Korea.
“Need to there be any offence relating to the legislation administered by Lender Negara Malaysia, an investigation will be performed,” the central bank said in its statement Thursday.
Malaysia’s historically close ties with North Korea have occur below scrutiny pursuing the assassination of Kim Jong Nam, the estranged half-brother of North Korea’s ruler.
Reuters reported in February that North Korea’s spy company was managing an arms export procedure out of Malaysia.
(Reporting by Rozanna Latiff Editing by Michael Perry)