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Twitter Send 2010/03/18 11:55 KST
N. Korean technocrat executed for bungled currency reform: sources

SEOUL, March 18 (Yonhap) -- North Korea executed a former top finance official last week, holding him responsible for the country's currency reform fiasco that has caused massive inflation, worsened food shortages and dented leader Kim Jong-il's efforts to transfer power to a son, sources said Thursday.

Pak Nam-gi, who was reportedly sacked in January as chief of the planning and finance department of the ruling Workers' Party, was executed at a shooting range in Pyongyang, multiple sources familiar with information on North Korea told Yonhap News Agency.