News Well, Well,Panama Papers: British Banker Helped North Korea Sell Arms, Expand Nuclear Program

Discussion in 'The Howard Stern Show' started by dawg, Apr 6, 2016.

  1. dawg

    dawg In The Dog House Staff Member

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    Still no big deal huh?
    north-korea.jpg

    The British banker Nigel Cowie, who lived in North Korea for over two decades, allegedly set up an offshore company used by Pyongyang to expand its nuclear weapons program and sell arms. News of his involvement came to light following Sunday’s leak of the Panama Papers, which have shed light on global offshore finance arrangements.

    Cowie moved to North Korea in 1995, rising to become head of Daedong Credit Bank (DCB), the country’s first foreign bank, The Guardian reports. In 2006, he led a group of investors that bought a 70 percent stake in the bank. That same year, Cowie registered an offshoot of DCB in the British Virgin Islands, which law firm Mossack Fonseca—whose clients make up the Panama Papers—incorporated.

    In 2013, the U.S. imposed sanctions on the company, claiming that it provided financial services to institutions central to North Korea’s arms race, Reuters reports. The offshoot also, the U.S. alleges, carried out international financial transactions with countries trying to avoid North Korea. Mossack Fonseca didn’t notice Cowie’s links to North Korea—despite him giving an address there—until 2010 when it resigned as agent.
    http://www.newsweek.com/panama-papers-mossack-fonseca-north-korea-444452
     
  2. Head Censor

    Head Censor Turgid Member VIP

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    I'm so looking forward to someone hacking into whichever law firm handled all the laundering of foreign blood money into the Clinton Foundation coffers. :D
     
  3. Stew Nod

    Stew Nod Well-Known Member Banned User

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  4. BobWeired

    BobWeired Well-Known Member VIP Gold

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    This story and cover up is going to be the largest global shit storm ever.
     
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  5. DarkFriday

    DarkFriday Fired as a MOD...Twice. Gold

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    Anything to stop with the 24/7 election stories.
     
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  6. Roland Schwinn

    Roland Schwinn *Likes reported as of October 14, 2016

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    I'm all for this sort of shit! :munch:
     
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  7. BobWeired

    BobWeired Well-Known Member VIP Gold

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    It will be interesting to see if it effects our election. We have to have many people in power who are wrapped up in this shit storm. This is very bad for the elite who get exposed. The masses are ready to eat this shit up.
     
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  8. Shivvy

    Shivvy Well-Known Member

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    Fucking red coats :no:
     
  9. BobWeired

    BobWeired Well-Known Member VIP Gold

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    Not for nothing, I refreshed the home page.
    This thread was sandwiched between teachers who fuck and Boots settlement.
    I think it's pretty obvious how we got here.
     
  10. crazypreacher

    crazypreacher Maker of Lists Gold

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    Always nice when the bright light shines on the roaches.
     
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  11. Beth143nacho

    Beth143nacho Bede bede beep Gold

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    There's no way that Hillary didn't lead to this.
     
  12. dawg

    dawg In The Dog House Staff Member

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    kim jong un is very pleased with his British Banker

     
  13. BobWeired

    BobWeired Well-Known Member VIP Gold

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    I think there is going to be participation from both sides.