North Korea appears to have a slightly different approach to financial scandals. Rather than handing out billions of dollars of public funds for bonuses and loans, North Korea just shot its top financial official. There appears less of an emphasis on recovery in this plan.
Pak Nam-Ki, 77, was taken to a military gun range and executed. He was charged by the Dear One “with ruining the national economy deliberately as the son of a big landlord who infiltrated the ranks of revolutionaries.”
The execution, if true, was an obvious selection of a scapegoat to deal with rising unrest among people over an economy that is turning into outright chaos.
I love the fact that “big landlords” remain a menace in the People’s Paradise. One would hope for something a bit more menacing than the evil landlord which sounds a lot like the alternative proletarian foes of “Grasping Grocers” and “Leering Librarians.”
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