North Korea is evading international sanctions with a sophisticated network of overseas companies, enabled partly by its continued access to the international banking system, says a forthcoming United Nations report seen by Reuters.
North Korea is under heavy UN sanctions and a strict arms embargo designed to impede the development of its banned nuclear and missile programmes. The UN panel of experts, which produced the 100-page draft report, was created to investigate reported infringements of those sanctions.
“Designated entities and banks have continued to operate in the sanctioned environment by using agents who are highly experienced and well trained in moving money,
