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As the U.S. government has officially announced that it will unfreeze US$25 million in North Korean funds from the Macau-based Banco Delta Asia (BDA), the Macau government will reportedly transfer the money to a North Korean account on Wednesday.
A source familiar with the BDA matter said on Tuesday, "The Macau Monetary Authority finished reviewing the data from Washington's investigation of the BDA, and it will transfer the whole amount, which is $25 million, into an account held by North Korea's Foreign Trade Bank at the Bank of China."
Analysts say this is in line with an agreement between Washington and Pyongyang to conclude the matter before the six-party talks currently underway in Beijing are wrapped up. The Macau government is understood to be transferring the money via wire at the request of North Korea.
(englishnews@chosun.com )
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