This is the secret North Korean office that runs Kim Jong Un's slush fund
North Korean defectors have provided details about how they unwittingly created Kim Jong Il's "slush fund" — a system that they say is still used by his son, North Korean dictator Kim Jong Un.
The North Korean government division Office 39 "underwrites comfortable lifestyles" for the Kim family, The Wall Street Journal reports. Choi Kun-chol told the Journal that the money was called the "revolutionary fund," and he didn't know the funds, generated from both licit and illicit means, were going directly to Kim Jong Il.
Choi told the Journal that Office 39 has thousands of employees, who are told they are "generating money to build a strong socialist economy." He estimates the private fund is worth billions of dollars. "We were proud of our work and given a lot of power, but only a few senior people knew it was money for Kim Jong Il," Choi told the Journal.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The U.S. Treasury accused Office 39 of "engaging in illicit economic activities and managing slush funds and generating revenues for the leadership" in 2010. The illicit activities mentioned include counterfeiting, narcotic and weapons sales, and even insurance scams.
Defectors have stated that Office 39 was created in the 1970s under the reign of Kim Jong Il, and security officials believe the fund still allows Kim Jong Un to buy support from Pyongyang's elite by providing them with lavish items. Analysts and security officials also told the Journal that Jang Song Thaek, Kim Jong Un's uncle, may have been executed for halting Office 39's cash flow.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.
-
Montenegro offers Adriatic adventures without the crowds
The Week Recommends There is room for everyone in this Balkan destination
By Catherine Garcia, The Week US Published
-
'Although deepfake porn is a global problem, South Korea has been hit particularly hard'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
The deadliest plane crashes in US history
The Explainer American Eagle Flight 5342 was the first deadly U.S. passenger crash since 2009
By Justin Klawans, The Week US Published
-
Trump tariffs on Canada, Mexico, China rattle markets
Speed read The tariffs on America's top three trading partners are expected to raise the prices of everything from gas and cars to tomatoes and tequila
By Peter Weber, The Week US Published
-
Elon Musk operatives access US payment system, aid
Speed Read The Trump administration has given Musk's team access to the Treasury payment system, allowing him to track and control government spending
By Peter Weber, The Week US Published
-
Trump says 25% tariffs on Canada, Mexico start Feb. 1
Speed Read The tariffs imposed on America's neighbors could drive up US prices and invite retaliation
By Peter Weber, The Week US Published
-
Trump blames diversity, Democrats for DC air tragedy
Speed Read The president suggested that efforts to recruit more diverse air traffic controllers contributed to the deadly air crash
By Rafi Schwartz, The Week US Published
-
White House withdraws Trump's spending freeze
Speed Read President Donald Trump's budget office has rescinded a directive that froze trillions of dollars in federal aid and sowed bipartisan chaos
By Peter Weber, The Week US Published
-
OpenAI announces ChatGPT Gov for government use
Speed Read The artificial intelligence research company has launched a new version of its chatbot tailored for the US government
By Rafi Schwartz, The Week US Published
-
Caroline Kennedy urges Senate to reject RFK Jr.
Speed Read Robert F. Kennedy Jr.'s cousin said he should not become President Donald Trump's health secretary, calling his medical views 'dangerous'
By Peter Weber, The Week US Published
-
GOP senator reneged on voting against Hegseth
Speed Read North Carolina senator Thom Tillis provided the deciding vote to confirm Pete Hegseth as defense secretary
By Peter Weber, The Week US Published