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Congolese Bank Branch Gave North Koreans Access to Global Financial System: Report

By Valentina Pasquali

Two North Korean businessmen over the past two years have openly used a corporate account at Afriland First Bank in the Democratic Republic of the Congo's southernmost region despite global sanctions against Pyongyang, according to new research. Pak Hwa Song and Hwang Kil Su established a construction company, Congo Aconde, in the DRC in February 2018 after obtaining non-business visas the previous month from the country's embassy in Cameroon, the Sentry, a branch of a nonprofit group that investigates corruption in East Africa, claimed in a report Wednesday. After incorporating the construction firm, Pak and Hwang managed to open a...

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