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October 22, 2014 / 28 Tishri, 5775
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What moral high ground?

Denmark’s Boycott Bank Linked to North Korea-Iran Ballistic Missiles Sales

A North Korean ballistic missile that was shipped to Iran, possibly with help of Denmark's Danske Bank, which announced a boycott of Israeli banks.

A North Korean ballistic missile that was shipped to Iran, possibly with help of Denmark's Danske Bank, which announced a boycott of Israeli banks.

When JewishPress.com reported on Denmark’s Danske Bank’s “boycott” of Israel’s Bank HaPoalim, we pointed out the curious fact that Danske Bank actually doesn’t do any business at all with any Israeli bank, leading one to wonder about the motivations for their announced boycott.

You may now stop wondering.

David Goldman of Pajamas Media uncovered a 2009 Wikileaks cable in which it exposes that Danske Bank provided financial services to Tanchon, a North Korean company that sold ballistic missiles to Iran.

FOR DENMARK ONLY: — We previously raised with you in March 2006 our concern (REF L) that Tanchon Commercial Bank maintained a correspondent account with Den Danske Bank AS- Copenhagen. According to April 2009 Bankers Almanac information, Tanchon still maintains that account.

The US State Department had warned Danske Bank about their providing services to Tachnon in 2006, and the bank apparently chose to ignore it, despite the “legal and ethical” issues it raised.

Only in 2010, did Danske Bank state that it finally stopped doing business with Iran.

Nothing we’re aware of, about them not doing business anymore with North Korea.

Either way, so much for that moral high ground they were claiming.

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13 Responses to “Denmark’s Boycott Bank Linked to North Korea-Iran Ballistic Missiles Sales”

  1. Kjeld Hesselmann says:

    I’m Danish and use Danske Bank as a regular customer. If the Bank’s administration cannot explain satisfactorily the content of this article I’m moving my assets the day tomorrow.

  2. This reminds me a bit of the news that some of our ally's businesses during the gulf war were making oil deals behind our backs with Sadam while our boys were fighting.

  3. Not surprised at all from an EU country , the only thing tjat unites this fractured dysfunctional continent is the hatred for us jews . Jews shiuld leave EU and drop any assets

  4. Adam Weisman says:

    I live in Denmark, nothing but lazy people here!

  5. Denis MacEoin says:

    What apartheid? There is certainly no apartheid in Israel proper, quite the opposite in fact. In the West Bank some Jews and most Palestinians choose to live separately, but that isn't apartheid. Palestinians working for Israeli firms like Sodastream receive the best treatment of any Arabs anywhere. That is not apartheid. There are no apartheid laws. But measures are taken to keep Jews secure from Palestinian terrorist attacks. What country would be criticized for keeping its citizens safe from death and injury? Only Israel. Your bigotry is clear for all to see.

  6. Ron Kall says:

    Shane Wesbrock Your not a bigot for being brainwashed into believing what you say about Israel. You are one hundred percent dishonest with your comparisons and completely void of reality when objectively looking at the phony issue of a made up arab people who never existed as a distinct people. So, your arguments, no matter how profuse are based on fantasy instead of facts. Where were you when Jordan illegally occupied the same areas!?? History does not start yesterday, so if you choose to ignore the real history of all of Palestine and what has occurred there, then you have no right to make up history!

  7. Eva Feld says:

    This planet is hell bent on destroying itself.

  8. Who's a very silly boy then !!! What a plank … abuse abuse abuse … that all I have to say … bye

  9. Chaim Szmidt says:

    Perhaps Rogers Waters sits be on their Board of Trustees? He and the bank definitely suffer of the same hypocritical lack of moral integrity or even an elementary understanding of truth.

  10. Chaim Szmidt says:

    APARTHEID?!?!?!? Really Shane? Do you have any idea what Apartheid is/was? EDUCATE yourself, not with revisionist fantasies, but read history as it really happened only then will you be able to open your mouth without sounding foolish. Either because you failed to educate yourself properly or because you have bought lock, stock and barrel a logically fallacious story can you accuse Israel of apartheid.

  11. The world is not losing patience to see a butcher sadistic dictator who tortures and massacres his own people to stay in power a few more years, or seeing soldiers who gas children to death or drops thermobaric bombs in the middle of residential areas, razing entire neighborhoods, torturing and killing thousands of civilians randomly like the Assad henchmen does?

    The world is not losing patience about the Turkish occupation of northern Cyprus, Chinese crimes in Tibet, Russian occupation of Abkhazia and Chechnya, colonial Spanish occupation of Morocco, Ceuta and Melilla and the prohibition for Catalonia to obtain independence, French occupation of New Caledonia, Martinique, Guadeloupe and Miquelon, British occupation of Gibraltar, Northern Ireland and the Falklands, Iranian occupation of the islands of Abu Musa, Greater Tunb and Lesser Tunb, the oppression in North Korea, the lack of independence for Kurdistan or the fact that Cubans can't choose their own government in free elections for the last 55 years? What kind of world is this?

    Eurotrash banks have no problem with importing goods made in Chinese prisons and Bangladeshi sweatshops, supporting economic activity in Moroccan occupied territories or buying oil from repressive islamist regimes. But Jews building homes in their ancient Jewish homeland, really offends Europe's sense of "morality".

    I'm also starting to lose patience.

    BOYCOTT THE BOYCOTTERS

  12. Thjank you Sir!
    Thank you!
    Please help us and spread the word to everyone, neighbour, friend, wider family: Israel is JUST!!!
    Continue to stand by us!
    Tack!

    Gábor Fränkl from Budapest, Hungary

  13. The NCRI is comprised of 25 committees that act as shadow ministries. The committees are responsible for expert research and planning for future Iran. For more information visit http://www.ncr-iran.org/en

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