U.S. offers $5M (CAD 7.1M) reward to curb Kim Jong Un's financial aids
The U.S. Department of State has announced a reward of up to $5 million (CAD 7.1 million) for information on illegal financing of the North Korean regime, including involvement in IT and money laundering activities.
U.S. authorities have taken decisive steps in combating the illegal financing of the North Korean regime.
The Department of State reports that a reward of up to $5 (CAD 7.1) million has been offered for information that could help disrupt the financial mechanisms supporting North Korea's weapons program.
The reward aims to hinder the financial system that supports the production of weapons of mass destruction in North Korea. According to U.S. authorities, this mechanism relies on several key elements such as the export of workers, money laundering, and criminal cyber activities.
Particular attention is given to the role of companies and employees in the information technology sector who engage in these illegal activities. U.S. authorities emphasize that these practices are a significant source of revenue for the regime in Pyongyang.
In its statement, the U.S. Department of State highlighted that any information which can contribute to stopping these illegal activities is highly valuable. U.S. authorities are counting on international cooperation to effectively counter the threats associated with North Korea's weapons program.
