U.S. imposes personal financial punishment on Kim Jong Un

Jul 6, 2016News


In the North Korean capital, Pyongyang.

It might surprise many readers to learn that the U.S. has put, for the first time, sanctions on North Korean dictator Kim Jong Un for his regime’s brutality toward his own people. Ten other high officials were also put on the financial-punishment list.

“Under Kim Jong Un, North Korea continues to inflict intolerable cruelty and hardship on millions of its own people, including extrajudicial killings, forced labor, and torture,”  the U.S. Treasury Department’s top sanctions official, Adam Szubin, told The Wall Street Journal. The sanctions, he said, “highlight the U.S. government’s condemnation of this regime’s abuses and our determination to see them stopped.”

The paper reported that the penalties “freeze any assets the designated officials hold in dollars. They also bar Americans from doing business with them.”

“I think we have some evidence that more and more people in North Korea, including within the ruling regime, are conscious that the political situation on the Korean Peninsula may change at some point in their lifetimes,” a senior U.S. official involved in the sanctions told the paper.  “It sends a message to people within the North Korean regime, particularly at those lower- to mid-levels, that if you become involved in abuses like running concentration camps or hunting down defectors, we will know who you are and you will end up on a blacklist that leaves you at a significant disadvantage.”

To read The Wall Street Journal story, please hit this link.