Handler of ex-North Korean leader's secret funds executed
North Korean official Ri Su Yong, who handled secret funds for former leader Kim Jong Il, has been executed, sources familiar with the country's leadership have disclosed.
The execution was related to the recent purge of Jang Song-thaek, an uncle of current leader Kim Jong Un, according to the sources.
Ri, a deputy director in the Korean Workers Party in North Korea, was appointed North Korean ambassador to Switzerland in 1998, and looked after leader Kim Jong Un while he was studying in Switzerland.
At least five people are believed to have been executed in line with Jang's ouster. They include two officials from the party's administration department, and two others from related organizations.
Ri, a close aide to Kim Jong Il, served as ambassador to Switzerland under the name Ri Chol, and handled Kim's secret funds hidden in the country, totaling some 4 billion dollars (about 412 billion yen). After he returned to North Korea in 2010, he worked in attracting foreign investment as chairman of a joint venture and investment committee set up under the guidance of Jang.
Ri had control over foreign fund transactions together with Jang, and it is possible that trouble had erupted between him and Kim Jong Un over the handling of the secret funds.
December 11, 2013(Mainichi Japan)