North Korea Slams Financial Watchdog Blacklist
North Korea condemned a global financial watchdog decision to keep it on a crime blacklist. The foreign ministry called the move a politically motivated fabrication by the United States.
North Korea blasted a global financial watchdog's decision to keep it on a high-risk blacklist for the sixteenth consecutive year, citing political bias. The ruling keeps strict international countermeasures in place against Pyongyang's financial networks.
The foreign ministry in North Korea stated that allegations of money laundering and terrorist financing are fabrications by the United States and its allies to enforce hostile policies. The Paris-based Financial Action Task Force maintained the designation on October 30 alongside Iran and Myanmar for persistent deficiencies in anti-money laundering controls.
