Danish boycotter of Israel funded North Korean missiles for Iran.

Danske Bank helped finance the North Korean Tanchon company that sold ballistic missiles to Iran, according to a State Department cable of 2009, first revealed by Wikileaks. Last week, Danske Bank cut off banking business with Israel’s Bank Hapoalim on “legal and ethical grounds.”  The missiles the bank financed were sold to Shahid Hernmat Industrial Group, which develops Iran’s liquid-fuel ballistic missile program and was designated under UN Security Council Resolution 1737 for an asset freeze. After two State Department reminders, Dankse finally declared in 2010 it had cut off ties with the North Korean company.

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