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South Korea Fears Shared Revenues Aiding Its Enemy

SEOUL, South Korea — Kim Beom-hoon was hailed as a trailblazer when he went into the online gambling business with North Korea. It seemed the perfect way to bridge a 50-year divide and open up one of the world’s most isolated countries.

But two years later the South Korean businessman has run afoul of his country’s gambling laws, as well as its ambivalence about whether to treat its communist neighbour as friend or foe.

The South Korean government planned to revoke his business license last week, and prosecutors are going after 15 South Koreans who have gambled more than 3 million won ($2,560 U.S.) each.

Kim maintains the real problem is a country that can’t make up its mind how to deal with its neighbour — woo it peacefully into the market economy, or treat investments in North Korea as aid to a dangerous dictatorship.

"This is a case that shows how the two Koreas still cannot trust and understand each other after living 50 years without communications," Kim complains.

"I have spent money and sweat on this project, and I am now a victim of the Unification Ministry’s reluctance to open Internet contacts between the two Koreas," he said.

"I am frustrated and sick and tired of this absurd government behaviour. If they punish businessmen like me, who is going to do business with North Korea?”

Read the entire article at: Toronto Star 

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