An investigation should be launched into allegations that an executive of a Malaysian conglomerate was funnelling money to North Korea, said Deputy Home Minister Nur Jazlan Mohamad.

"We cannot allow our financial system to be abused by criminals or rogue nations," he told Malaysiakini.

Reuters today cited a North Korean defector as saying that for the past two decades, North Korean-born Han Hun Il, the founding chief executive of Malaysia Korea Partners (MKP), had been channeling funds to Pyongyang's ruling party...