Israeli Law Center Trying To Seize North Korean Ship
This is another innovative way to go after the Kim regime financially:
An Israel-based civil rights group is trying to seize a North Korean ship being held in Mexico in a rare effort to make Pyongyang pay at least part of a rare $330 million U.S. District Court judgment against it.
The Shurat HaDin law center in April won the ruling over the abduction of a South Korean-born pastor in China and his presumed torture and killing in North Korea. Now the center seeks whatever assets it can find from the largely isolated country.
It has focused on the cargo ship the Mu Du Bong, which has been held in Mexico after it ran aground there last year.
Civil courts in Mexico City and the state of Veracruz have declined to hear Shurat HaDin’s request, but it is now appealing. [Korea Herald]
Is this an attempt to prevent S. Koreans from racially profiling them? Sorry it won’t work Israel, S. Koreans will always hate you because Samsung does. Below you’ll see a common S. Korean behavior “poor me” attitude by S. Korea/S. Koreans ~ still, after all these years(60+), and USA servicethemselfmembers still buy into it…for $$$ 😮
http://www.dailymail.co.uk/news/article-3164975/Pictured-offensive-Samsung-cartoons-Jewish-U-S-hedge-fund-boss-sparked-anti-Semitism-row-South-Korea.html
“These are the extraordinary cartoons Samsung posted on its website which reportedly depict a Jewish hedge fund boss as a money-grabbing vulture.
The row between Samsung and one of its major shareholders, Paul Singer, has sparked an anti-Semitism row in South Korea.
Harvard-educated Mr Singer, 70, whose hedge fund Elliott Management owns a seven per cent stake in Samsung C&T fell out with the company after he objected to a merger deal.
Offensive: This cartoon, with the words, ‘Who is hedge fund Elliott?’ Apparently depicts New York hedge fund boss as a vulture, was published on Samsung C&T’s site
This cartoon of people dying of dehydration comes with the caption ‘Because of it, Congo suffered even more hardship’. This cartoon appeared on the Samsung website in South Korea and is believed to refer to Elliott Management’s business dealings in the Congo
A cartoon on Samsung’s website, which said: ‘Elliott Management’s representative method of earning money is, first of all, to buy the national debt of a struggling country cheaply, then insist on taking control as an investor and start a legal suit'”
…
“In response(of a possible Jewish company involvement) Samsung posted a number of inflammatory cartoons on its website showing Mr Singer as a long-beaked vulture, which have since been taken down.
In one of the sketches a poor-looking man goes, cap in hand, to the vulture who has an axe hidden behind his back.
The caption reads: ‘Elliott Management’s representative method of earning money is, first of all, to buy the national debt of a struggling country cheaply, then insist on taking control as an investor and start a legal suit’
In another people appear to be dying in the desert from dehydration. Underneath is the caption: ‘Because of it, Congo suffered even more hardship’.
This is believed to refer to Elliott Management’s business dealings in the Congo.
The hedge fund exposed corruption there in its efforts to enforce a court to award it more than £64 million in a default bank debt.
In a third ‘Paul Singer’, with a long beak, is sat at a desk under the caption: ‘Who is hedge fund Elliott?’
The bitter fall out came because Samsung Group’s founding family wanted to complete a merger with its holding company Cheil Industries and Samsung C&T to shore up its control of the firm as its chairman, Lee Kun-hee’s health is in decline.
But Mr Singer was opposed the deal because he felt that Samsung C&T shares were being undervalued and the company was being sold off on the cheap.
The Lee family owns 43 per cent of Cheil Industries. The controversial merger was finally approved today.
Samsung has denied that the sketches were prejudiced and said it ‘totally denounces’ anti-Semitism.
In a statement, the company added: ‘We categorically denounce anti-Semitism in all its forms, and we are committed to respect for all individuals.’
But the row has sparked an outpouring of anti-Semitism in South Korea.
One columnist described Jewish money as ‘ruthless and merciless’.
And on Tuesday the former South Korean ambassador to Morocco Park Jae-seon expressed his concern about the influence of Jews in finance.
In an extraordianry outburst he said: ‘The scary thing about Jews is they are grabbing the currency markets and financial investment companies.
‘Their network is tight-knit beyond one’s imagination,’ Park added.
The next day, cable news channel YTN aired similar comments by local journalist Park Seong-ho.
‘It is a fact that Jews use financial networks and have influence wherever they are born,’ he said.
Neither Park Jae-seon and Park Seong-ho were available for comment.
In a piece published a fortnight ago, Media Pen columnist Kim Ji-ho claimed ‘Jewish money has long been known to be ruthless and merciless’. “