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South Korean Officials Examine Counterfeit U.S. Currency Allegedly Printed by North Korea
Some South Korean lawmakers who have examined specimens of counterfeit U.S. currency provided by Washington said the $100 “supernotes” are printed in North Korea and circulated through a state-run trading firm, Reuters reported today (see GSN, Feb. 22). A nondescript building in Pyongyang prints the notes, as well as other “special documents” such as portraits of North Korean leader Kim Jong Il, said Kim Jae-won, a member of parliament from the opposition Grand National Party. “The information comes from a recent defector from the North who was a high-ranking official,” said the lawmaker. An expert at the Korea Exchange Bank has deemed the notes of superior counterfeit quality, according to his aide. South Korean Prime Minister Lee Hae-chan, however, maintained that North Korea was not conclusively implicated in the scheme. “It has not been clearly and unmistakably confirmed where, who and how these counterfeit notes were issued and circulated,” Lee said. “But the government is looking at various worrying situations, and that’s why we have conveyed our serious concern to the North,” he said (Jack Kim, Reuters, Feb. 23).
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