North Korean finance expert executed

Pak Nam Ki was responsible for curbing inflation but his actions saw people's savings wiped out. according to reports. It is understood his execution is an attempt to contain civil unrest. Under 77-year-old Pak's orders, people holding old banknotes were instructed to cash them in at a rate of 100 old notes for one new one. Further hardship was imposed with a restriction on the number of old notes that could be exchanged. But savings were wiped out and prices soared leaving thousands of North Koreans with piles of worthless currency. The nation's leader, Kim Jong Ill ordered Pak to...