Dear Leader living the good life while his people starve
North Korea imported $24 million worth of Swiss watches from 1995 to 2004 — a time when hundreds of thousands of North Koreas were starving to death.
The impoverished communist country bought watches from Switzerland, worth $4.5 million in 1998 and 1999 when it was facing the worst food shortage in the wake of natural disasters, Radio Free Asia said, citing information provided by the Federation of the Swiss Watch Industry.
Kim Jong-Il has reportedly also used Switzerland for money laundering while sending family members and close aides to the European country for education and medical treatment.
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Seoul's intelligence agency estimates Kim's wealth at $4 billion, part of which is deposited in Swiss bank accounts. All of Kim's three sons — Jong-Nam, Jong-Chol and Jong-Un, have studied in Bern, Switzerland, it said.