Spokesman for DPRK National Coordination Committee for AML/CFT Blasts U.S. Illegal Action against DPRK

Pyongyang, June 6 (KCNA) -- On June 1, the U.S. Department of Treasury announced that it would officially designate the DPRK as the jurisdiction of "primary money laundering concern" and work out regulations of the special measures to tighten the isolation of the DPRK under the international financial system. A spokesman for the DPRK National Coordination Committee for AML/CFT (anti-money laundering and countering financing of terrorism) on Saturday released a statement vehemently denouncing the above-said action as another illegal act of infringing upon the sovereignty and vital rights of the DPRK. The statement said: Through the above-said action the U.S. pursues the sinister aim of making up the flaw of the UN "resolution on sanctions" with its independent and additional sanctions in blatant violation of the UN Charter and international law and totally blockading the DPRK after finding it hard to achieve its objective through the unreasonable UN "resolution on sanctions." The DPRK is not frightened in the least by the U.S. stereotyped method of labeling it "money launderer", not content with branding it as "a nuclear proliferator", "human rights abuser," etc. Proceeding from its consistent stand of opposing money laundering and combating financing of terrorism, the DPRK set up such a well-regulated state system as establishing the Financial Supervisory Bureau and the Financial Information Bureau to prevent money laundering as required by international standard and adopted the AML/CFT Law. It has closely cooperated with the international organization since it acceded to the International Convention for the Suppression of the Financing of Terrorism. The U.S. is sadly mistaken if it calculates it can attain its sinister political goal through the above-said action. -0-