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Nigel Cowie
Alma materUniversity of Edinburgh
Occupation(s)CEO, Daedong Credit Bank
Known forco-founder, DCB Finance

Nigel Cowie is a British banker, who lived in North Korea for two decades from 1995.

Early life

He was educated at the University of Edinburgh.[1]

Career

He worked for Hongkong and Shanghai Banking Corporation before moving to North Korea.[2]

North Korean official, Kim Chol-sam and Cowie created a shell company called "DCB Finance" to circumvent sanctions, help sell arms, and expand its nuclear weapons programme.[1]

Cowie was also CEO of Daedong Credit Bank, which was placed under sanctions.[3]

Cowie is a director of Phoenix Commercial Ventures Limited, a North Korean project finance company.[4]

References

  1. ^ a b Garside, Juliette; Harding, Luke (2016-04-04). "British banker set up firm 'used by North Korea to sell weapons'". The Guardian. ISSN 0261-3077. Retrieved 2016-04-05.
  2. ^ "The Board". Phoenixcommercialventures.eu. Retrieved 2016-04-06.
  3. ^ Andrew Buncombe. "Panama Papers: Mossack Fonseca 'helped firm with links to North Korea's nuclear weapons programme' | Americas | News". The Independent. Archived from the original on 2022-06-20. Retrieved 2016-04-06.
  4. ^ "The Board". Phoenixcommercialventures.eu. Retrieved 2016-04-06.
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