Special to WorldTribune.com

By Lee Jong-Heon, East-Asia-Intel.com

SEOUL — North Korean leader Kim Jong-Un has access to about $4-5 billion in slush funds stashed away in hundreds of overseas bank accounts in Austria, China, Lichtenstein, Luxembourg, Russia, Singapore and Switzerland, according to a news report here.

South Korea and the U.S. authorities have been tracking more than 200 accounts linked to North Korea for the past five years since inauguration of former South Korean President Lee Myung-Bak in early 2008, South Korea’s top newspaper Chosun Ilbo reported on March 12. The funds are held in accounts in other people’s names.

Lee pushed for tough sanctions on the communist North which has pressed its development of weapons of mass destruction.

“South Korea and the United States have been tracking more than 200 North Korean accounts that appear to be linked weapons of mass destruction and export of drugs, counterfeit money and cigarettes,” Chosun quoted a diplomatic source in Seoul as saying.

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  Chosun Ilbo, Kim Jong-Un reported to have $4-5 billion in slush fund accounts designed to elude sanctions, Lee Myung-Bak