Kim Chol-sam

Kim Chol-sam
Treasurer of Daedong Credit Bank
In this Korean name, the family name is Kim.

Kim Chol-sam (born 11 March 1971) is a North Korean banker, the treasurer of Daedong Credit Bank (DCB).

Kim Chol-Sam and British banker Nigel Cowie created a shell company called "DCB Finance" to circumvent sanctions, help sell arms, and expand its nuclear weapons programme.[1]

Daedong Credit Bank, has been placed under US sanctions.[2]

Kim has been named in the Panama Papers.[3][4][5]

  1. ^ Garside, Juliette; Harding, Luke (2016-04-04). "British banker set up firm 'used by North Korea to sell weapons'". The Guardian. ISSN 0261-3077. Retrieved 2016-04-05.
  2. ^ Andrew Buncombe. "Panama Papers: Mossack Fonseca 'helped firm with links to North Korea's nuclear weapons programme' | Americas | News". The Independent. Retrieved 2016-04-06.
  3. ^ "Panama Papers: Mossack Fonseca 'helped firms subject to sanctions' - BBC News". BBC News. Retrieved 2016-04-05.
  4. ^ 북한은행도 모색 폰세카 고객, 국제감시 피해 조세도피처로 (in Korean). Newstapa. Retrieved April 6, 2016.
  5. ^ "Treasury Sanctions Bank, Front Company, and Official Linked to North Korean Weapons of Mass Destruction Programs". U.S. Department of the Treasury. June 27, 2013. Retrieved April 6, 2016.