KCNA COMMENTARY TERMS U.S. ARCH CRIMINAL WRECKING INT'L STABILITY AND ORDER

Pyongyang, July 26 (KCNA) -- On July 12 the U.S. under secretary of Treasury officially admitted and opened to public the fact that international criminal bodies have concealed and laundered illegal funds through bogus companies operating in the U.S. The under secretary said that the results of tracking terrorist, drug-smuggling and computer hacking organizations overseas proved all the criminal bodies are closely linked with bogus companies in the U.S., adding bogus companies are appearing one after another and criminal organizations are making use of them as many states of the U.S. are allowing the establishment of anonymous companies hard to confirm the identities of their owners. The U.S. government organs, in particular, are overtly ensuring the activities of the bogus companies for concealing and laundering the funds, the under secretary said, deploring that U.S. Congress is refusing to adopt a bill on combating illegal dealing, being involved in bribe operations of backstage negotiators. This goes to prove that the U.S. is the arch criminal fostering the money-laundering of terrorist organizations and committing state-sponsored terrorism, threatening the international financial system. Illegal fund dealing serves as a chronic illness in the capitalist society of the U.S. where the competition for existence based on the jungle law is justified and all crimes are rife and it becomes a major lever for existence in the U.S. The U.S. criminal organizations are raking up a huge amount of illegal funds by use of diverse levers such as fraud and swindle, robbery, prostitution, drug and arms smuggling, flesh traffic and counterfeit security dealing. They are keeping U.S. economy afloat by investing them in it and laundering illegal money. Lurking behind many states' allowance of anonymous companies is the purpose of re energizing the illegal fund dealing and drastically increasing tax income through them. More than a million companies are registered in Delaware State with less than a million population as it is ill-famed for such companies and 880 million U.S. dollars or 23 percent of the state government total budget were collected from the above-said companies as taxes in 2013 only. This indicates that the U.S. is mulling making up for the exorbitant fiscal deficit caused by the indiscreet operation of war economy through the circulation of illegal funds. The U.S. is the world's worst criminal state making no scruple of despicable practices in financial dealing to meet its interests though it is censured and condemned by the international community. The said bogus companies in the American empire and their illegal financial activities are paving the way even for international criminal organizations to escalate their crimes. The U.S. should no longer cry out for abiding by the international financial order and cutting off the financial sources of the terrorist bodies.