Goto

Collaborating Authors

 kaesong industrial park


South Korean panel says there's no proof cash from Kaesong industrial park was diverted to North's arms program

The Japan Times

SEOUL – There was no evidence North Korea diverted wages paid to its workers by South Korean firms in a now-closed border industrial park to bankroll its weapons programs, an expert panel appointed by Seoul's Unification Ministry said Thursday. The investigation by the panel reversed the contention by the previous South Korean government that most of the cash that flowed into the jointly run Kaesong complex was diverted to North Korea's nuclear and missile programs. South Korea laid the claim when it pulled out of the joint venture in response to the North's launch of a long-range missile last year. But in July, two months after liberal President Moon Jae-in was elected, a South Korean government official said there was no hard evidence to back up the assertion. About 120 South Korean companies paid about double the $70 a month minimum wage in North Korea for each of the 55,000 workers hired in Kaesong.