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Report: No Proof Industrial Park Cash Funded North Korea Weapons


FILE - North Korean workers assemble jackets at a factory of a South Korean-owned company at the jointly run Kaesong Industrial Complex in Kaesong, North Korea, Dec. 19, 2013.
FILE - North Korean workers assemble jackets at a factory of a South Korean-owned company at the jointly run Kaesong Industrial Complex in Kaesong, North Korea, Dec. 19, 2013.

There was no evidence that North Korea diverted wages paid to its workers by South Korean companies operating in a now-closed industrial park on their border to bankroll its weapons programs, an expert panel appointed by Seoul's Ministry of Unification said Thursday.

The investigation by the panel reversed the contention by the previous government that most of the cash that flowed into the jointly run Kaesong complex was diverted to North Korea's military.

South Korea pulled out of the industrial park on the North Korean side of the border, where South Korean factories employed North Korean workers, after the North launched a long-range missile last year.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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