RESEARCH INSTITUTE FOR NORTH KOREAN SOCIETY | http://www.goodfriends.or.kr/eng | email:
[email protected] No.198 August 2008 Onsung Saebyul Hoeryong North Hamgyong Chungjin North Hamgyong Hyesan Ryanggang Province Pyongsung South Pyongan Pyongyang Eunpa North Hwanghae <Image by Google earth> Chilly Atmosphere in Chungjin due to Lee Hong-choon Incident On July 15 a total of 5 people, including Lee Hong-choon who is the chief of Namgang sales office in Chungjin, North Hamgyong Province, three trading company presidents, and a head of base, were executed behind closed-doors. Namgang sales office chief, Lee Hong-choon made a huge profit by purchasing rice in mass quantities last year to keep in storage and clandestinely released the rice into the market as prices rose. He was executed on the charges of embezzlement because he took all the profit for himself. He also kept about 1,500 MT of corn in storage during last March and April as food prices rose during the famine. The amount of money he earned illegally is about $350,000. Mr. Lee was under surveillance as someone whose lifestyle exceeds their income by following the personal lives of people in trading business. They have been collecting evidence and made a move to make arrest when there was enough evidence. The prosecution of Namgang trading company president and a head of base were followed an arrest of an employee at Namgang trading company. “A Bounty-Hunter Became Hunted” Park Gun-choon (age 49) who worked at foreign currency earning company in Chungjin North Hamgyong Province was executed on July 15.