Singapore spent $12 million on US-North Korea summit

In this Tuesday, June 12, 2018, file photo, US President Donald Trump meets with North Korean leader Kim Jong Un on Sentosa Island in Singapore. (AP)
Updated 25 June 2018
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Singapore spent $12 million on US-North Korea summit

  • $12 million were spent on the historic US-North Korea summit
  • The meeting was the culmination of a rapid detente between Pyongyang and Washington

SINGAPORE: Singapore said Sunday it spent Sg$16.3 million ($12 million) on the historic US-North Korea summit, adding it was less than initially anticipated after some in the city-state complained about the high cost.
US President Donald Trump and the North’s leader Kim Jong Un met in Singapore on June 12 for talks aimed at ending a tense nuclear standoff.
The meeting was the culmination of a rapid detente between Pyongyang and Washington and saw Kim commit to working toward denuclearization, although critics noted the summit agreement was vague and non-binding.
Singapore, an affluent financial hub, was seen as a good choice for the summit due to its warm ties with both the US and North Korea, and reputation for strict order.
But some Singaporeans thought welcoming the mercurial leaders was more an annoyance than an honor, particularly when Prime Minister Lee Hsien Loong estimated the tiny state would have to shell out Sg$20 million ($14.7 million) to host the meeting.
However in the end, the cost incurred by the government was about Sg$16.3 million, the biggest part of which was spent on security, said a ministry of foreign affairs spokesman in a statement.
It noted that Singapore had “supported the international efforts to achieve peace and stability on the Korean Peninsula.”
Tightly-controlled Singapore rolled out a massive security operation for the meeting, deploying thousands of police, setting up road-blocks and banning flares and loudhailers near summit venues to prevent protests.
As well as the security operation, the Singapore government footed the bill for the delegation from the sanctions-hit North, including Kim’s stay at the luxury St. Regis hotel, according to the BBC.
They would have also had to pay a substantial amount for facilities for the huge number of journalists that covered the summit.
The clampdown was disruptive for many residents in the usually placid city-state of 5.6 million — although some observers said hosting the summit amounted to a PR coup that would ultimately benefit Singapore.


Brazilian police arrest fugitive US has linked to Hezbollah

Updated 49 min 28 sec ago
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Brazilian police arrest fugitive US has linked to Hezbollah

SAO PAULO: Brazilian police on Friday arrested a fugitive sought in Paraguay who is accused by US officials of belonging to Lebanon's Hezbollah militia and of being a key financier of terrorism.
Police took Assad Ahmad Barakat into custody in the border city of Foz do Iguacu, which is home to the famous Iguazu Falls and sits where Brazil, Argentina and Paraguay meet.
Authorities in Paraguay are seeking Barakat on allegations of false representation, police said, and Brazil's Supreme Court authorized his arrest earlier this month. The Brazilian federal prosecutor's office said in a statement that Barakat's case meets the requirements for an arrest with a view to extradition.
In Paraguay, Barakat is accused of presenting a declaration of incorrect nationality and omitting information about the loss of nationality, the prosecutors' statement said. Barakat was born in Lebanon but has lived in South America for years.
Prosecutors said they had information that Barakat applied for refugee status in Brazil when he learned of Paraguay's arrest warrant, but that only the recognition of refugee status would prevent his extradition, which was not the case here.
In 2004, the US Treasury Department accused Barakat of serving as a treasurer for Hezbollah, which it considers a terrorist organization, and ordered American banks to freeze any of his assets found in the United States. At the time, Barakat was serving time in a Paraguayan prison for tax evasion. Two years later it added several of his associates to its watchlist, on which Barakat remains.
Brazilian police said Argentine authorities have accused associates of Barakat of laundering $10 million in a scheme in casinos, and they have frozen the group's assets.
Barakat was extradited from Brazil to Paraguay in 2003 and was convicted of tax evasion. He returned to live in Brazil in 2008 after he was released from prison, police said.