Rumsfeld and North Korea
BUZZFLASH READER COMMENTARY
by Nancy Lynn Nagy
Dear BuzzFlash,
I don't know if you already know this but I thought you would be interested in this little tidbit. Rummy sits on the ABB Board of Directors, which in Jan 2000 sold nuke stuff to N. Korea! I wonder if Bush, knowing this, will retract his Axis of Evil statement to exclude N. Korea? There's money for Rummy in Nukes!
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The Annual General Meeting of ABB Ltd 2000 (LINK)
ABB Ltd held March 16, 2000, its first annual general meeting of shareholders since the creation of the single-class ABB Ltd share.
Shareholders approved the proposal of the Board of Directors to increase the dividend per share to Sfr. 3.00 from Sfr. 2.47 the year before, payable as of March 23, 2000. Re-elected to the Board were Percy Barnevik, Gerhard Cromme, Jürgen Dormann, Martin Ebner, Robert Jeker, Göran Lindahl, Agostino Rocca, Donald Rumsfeld, Edwin Somm, Peter Sutherland and Jacob Wallenberg. The Board intends to re-elect Barnevik as Chairman and Jeker as Vice Chairman.
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ABB
to deliver systems, equipment to North Korean nuclear plants (LINK)
US$ 200 million in orders awarded under multi-government framework
agreement
Zurich, Switzerland, January 20, 2000 –
ABB, the global technology group, said today it has signed contracts to deliver equipment and services for two nuclear power stations at Kumho, on the east coast of North Korea. The contracts, with a value of US$ 200 million, were awarded by HANJUNG (Korea Heavy Industries and Construction Co. Ltd.) and KOPEC (Korea Power Engineering Corp.).
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US
grants N Korea nuclear funds
April 3, 2002
The US Government has announced that it will release $95m to North Korea as part of an agreement to replace the Stalinist country's own nuclear programme, which the US suspected was being misused.
Under the 1994 Agreed Framework an international consortium is building two proliferation-proof nuclear reactors and providing fuel oil for North Korea while the reactors are being built.
http://news.bbc.co.uk/hi/english/world/asia-pacific/newsid_1908000/1908571.stm
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Contributed by BuzzFlash Reader, Nancy Lynn Nagy
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