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(KUALA LUMPUR) Malaysia is assessing US concerns that banks in the South-east Asian nation might be used to process financial transactions by North Korean entities developing nuclear arms and missiles.
A US delegation this week returned from Malaysia and China after seeking cooperation to prevent such transactions, which are prohibited under United Nations Security Council resolutions. There are concerns that countries including 'Malaysia can be used for these activities', a senior State Department official told reporters on Wednesday in Washington on condition of anonymity.
'We are looking at the details of it,' Malaysian Prime Minister Najib Razak said yesterday. 'We don't want Malaysia and our banking system to be used for those purposes. We don't want to be accused of doing anything against UN resolutions or international norms.' - Bloomberg
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