Trans­fer would defy Pa­triot Act

The Washington Times Weekly - - From Page One - By Ni­cholas Kralev

The Bush ad­min­is­tra­tion on May 9 said that it would con­sider al­low­ing North Korea to trans­fer $25 mil­lion from Ma­cao to an ac­count in a U.S. bank — a move that would dis­re­gard Wash­ing­ton’s own pol­icy on ter­ror­ism fi­nanc­ing — in the hope of nail­ing down an agreed deal for North Korea to shut down its main nu­clear re­ac­tor.

The State De­part­ment said it badly wanted the North Kore­ans to with­draw their money from Banco Delta Asia (BDA), which was black­listed by the Trea­sury De­part­ment in March, so ne­go­ti­a­tions with Py­ongyang on ul­ti­mately scrap­ping all its nu­clear pro­grams can re­sume.

But any bank that would ac­cept the trans­fer in ef­fect would be do­ing

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