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National NewsChongryun ordered to repay debts to RCCThe Tokyo District Court ordered Chongryun on June 18 to repay Y62.7 billion in debts to Resolution and Collection Corp. (RCC), paving the way for the seizure of its Tokyo headquarters. RCC had claimed that the bad loans it took over from failed North Korea-linked credit unions in the 1990s were loans to Chongryun. (Kyodo)
Shukan ST: June 29, 2007 (C) All rights reserved |