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UN Delays Release of N Korea Statement As UN Credit Union Solicits N Korean & UNA-USA Funds

By Matthew Russell Lee, Exclusive follow up

UNITED NATIONS, May 15 – Long after the UN Security Council had approved a Press Statement condemning North Korea's last two launches, on May 15 the UN Spokesperson's Office had not sent it out, and when asked didn't know about it. After Inner City Press and others including the Free UN Coalition for Access complained, the UN Spokesman belated sent it out, here: "The members of the Security Council strongly condemned the most recent ballistic missile launches conducted by the Democratic People’s Republic of Korea on 28 April and 13 May of 2017. The members of the Security Council expressed their utmost concern over the Democratic People’s Republic of Korea’s highly destabilising behavior and flagrant and provocative defiance of the Security Council by conducting these ballistic missile launches in violation of its international obligations under United Nations Security Council resolutions 1718 (2006), 1874 (2009), 2087 (2013), 2094 (2013), 2270 (2016), and 2321 (2016).

The members of the Security Council vowed to fully implement all measures imposed on the Democratic People’s Republic of Korea by the Security Council and strongly urge all other member states to do so in an expeditious and serious manner, particularly the comprehensive measures contained in resolutions 2321 (2016) and 2270 (2016), in response to the Democratic People’s Republic of Korea’s acts of defying the will of the Security Council to denuclearize the Democratic People’s Republic of Korea emphasized on April 28 at the Ministerial Security Council meeting.

The members of the Security Council agreed that the Security Council would continue to closely monitor the situation and take further significant measures including sanctions, in line with the Council’s previously expressed determination.

The members of the Security Council stressed that the Democratic People’s Republic of Korea’s illegal ballistic missile activities are contributing to its development of nuclear weapons delivery systems and are greatly increasing tension in the region and beyond. The members of the Security Council further regretted that the Democratic People’s Republic of Korea is diverting resources to the pursuit of ballistic missiles and nuclear weapons while Democratic People’s Republic of Korea citizens have great unmet needs.

The members of the Security Council emphasised the vital importance of the Democratic People’s Republic of Korea immediately showing sincere commitment to denuclearization through concrete action and stressed the importance of working to reduce tensions in the Korean Peninsula and beyond. To that end, the Security Council demanded the Democratic People’s Republic of Korea conduct no further nuclear and ballistic missile tests. The members of the Security Council reiterated the importance of maintaining peace and stability on the Korean Peninsula and in North-East Asia at large, expressed their commitment to a peaceful, diplomatic and political solution to the situation, and welcomed efforts by Council members, as well as other States, to facilitate a peaceful and comprehensive solution through dialogue."

   The UN Federal Credit Union, regulated by the US National Credit Union Administration, openly solicits the business of both North Korean employees of the Democratic People's Republic of Korea's mission to the UN and the members of the UN Association of the USA (UNA-USA), amid questions of immunity and a previous UNFCU settlement for sanctions violations.

 UNFCU's website lists under “Missions to the UN in New York eligible to join UNFCU” that of “North Korea (DPRK).” Now, after the latest North Korean launch, US Ambassador to the UN Nikki Haley on May 14 told ABC's This Week that the screws will be tightened on North Korea, to isolate them. Then on May 15, UN Secretary General Antonio Guterres said he "condemns the launch of another ballistic missile by the Democratic People’s Republic of Korea (DPRK). This action is in violation of Security Council resolutions and a threat to peace and security in the region. The Secretary-General calls on the DPRK to ensure full compliance with its international obligations and return to the path of denuclearization." Meanwhile UNFCU continues soliciting funds of North Korea, and of UN Foundation's UNA-USA members (Guterres met with UNF's board just before he went on the road for more than a week.) Inner City Press' story has been picked up, with credit, here. Watch this site.

Inner City Press asked UNFCU's Senior Manager of Media Relations Elisabeth Philippe questions including “why some UN member states' missions to the UN are eligible to join UNFCU, including the Democratic People's Republic of Korea, and others are not, why members of UNA-USA became eligible to join UNFCU, what regulatory filings in any UNFCU made for this change in field of membership, and any restrictions on the use of these UNA-USA members' funds, and what services UNFCU offers to UN agencies and country teams, in which countries, and if there are any restrictions or safeguards.”

  On deeming the North Korean mission and all of its employees eligible, UNFCU's Ms. Philippe told Inner City Press, “The employees of any mission to the United Nations based in New York are eligible to apply for UNFCU membership. The employees of all missions are eligible to join once their mission has submitted an application and been approved.” The website says the mission itself can join UNFCU. On May 10, Inner City Press asked the chairman of the UN Security Council's North Korea Sanctions Committee Sebastiano Cardi about North Korea's embassy in Berlin renting out space as a hostel, video here. What safeguards does UNFCU, with UNA-USA's members in its field of membership, have?


  On UNFCU expanding its field of membership to including anyone who joins UNA-USA, Ms. Philippe told Inner City Press, “UNA-USA is the largest UN advocacy organization in the United States. UNFCU is a financial organization providing retail banking for the UN community. Members of UNA-USA, who are US citizens or permanent residents of the US, are eligible to become members of UNFCU. In December 2013, the National Credit Union Administration (NCUA), the US regulatory body which oversees US federal credit unions, approved the expansion of UNFCU membership to include UNA-USA based on a shared mission and values in support of the United Nations. UNA-USA members who become members of UNFCU are eligible for the full suite of products and services available to UNFCU’s field of membership.”

  But what is in the “full suit of products and services” available from UNFCU? The US Office of Financial Asset Control or OFAC settled charges against UNFCU for, in connection with Mission employees, violating sanctions, see here. And Inner City Press' third question, about precisely what services “UNFCU offers to UN agencies and country teams” - including for example in North Korea - remained at publication time unanswered. Now this: "As a member-owned financial institution that serves the UN community globally, UNFCU provides bank account services to UN/agency staff, and consultants subject to payroll requirements of the various UN agencies and subject to the rules and regulations governing all US Financial Institutions. Accounts are maintained in US dollars and are protected by federal share insurance through the National Credit Union Administration. UNFCU complies with US regulations, including those governing US economic sanctions." But why then did UNFCU settle charges of sanctions violations? We'll have more on this. Inner City Press previously exclusively reported for example that "Sudanese nationals working for the UN have had part of their salaries paid into UN Federal Credit Union accounts, in U.S. dollars. Then they were told that these dollar accounts were frozen, and could only be transferred to the Bank of Khartoum." Watch this site.

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