North Korea leader Kim Jong-un sports banned £10k watch as country buckles under shortages

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Kim wearing the expensive ticker is in open defiance of sanctions while the country buckles under food shortages.

The UN slapped a ban on the rogue state receiving luxury goods as a punishment for its nuclear weapons testing.

Luxury watches like that worn by Kim are on the list of banned items.

Photographs have also emerged of the Daesong Department Store in Pyongyang which appeared to be selling expensive brand names including Rolex, Tissot and Omega.

“The bezel ratio and appearance of the lug on Kim Jong-un’s watch matches a Portofino Automatic”

Chim Chang-kyu

South Korean watch specialists identified the watch the leader was using as a unisex timepiece that is on sale for an eye-watering £10,000.

Watch expert Chim Chang-kyu reportedly said that Kim appeared to be sporting an IWC Portofino Automatic while observing the recent test.

He said: “The bezel ratio and appearance of the lug on Kim Jong-un’s watch matches a Portofino Automatic.

“The location of the date window and shape of the logo are also identical.

The watch retails at £9,700 in the UK.”

Kim was pictured wearing the watch while he observed testing of the “new-style tactical guided weapon” on July 25.

His display of luxury items come as North Korean citizens faces deepening food shortages caused by the worst drought in more than 35 years.

Kim is a known lover of expensive Swiss goods having been educated in the country at schools in Gumligen and Koniz.

Despite the sanctions in place, North Korea still has the ability to by-pass them.

A report this year from the Washington DC based Center for Advanced Defense Studies found that North Korea has “sophisticated procurement capabilities” to get hold of luxuries.

It stated: “The Kim regime continues to maintain sophisticated procurement capabilities through US-allied countries despite sanctions.

“Our report uses network and supply chain analysis to investigate previously unreported shipments to North Korea of more than 800 luxury vehicles.

“(These include) two armoured Mercedes-Maybach S600 Guard vehicles shipped in October, 2018, valued at more than $500,000 (£410,000) each.

“We show that the vehicles originated in Germany, the Netherlands and Thailand before being transshipped through China, Japan, South Korea and the Russian Far East.” 

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