Byline: The Nation.
N Korean leader transfers secret fund to son
North Korea's ailing leader Kim Jong-il is transferring his secret personal wealth to his youngest son and likely successor, a Seoul-based radio station said yesterday.
The transfer of money has been managed by Ri Chol, who stepped down in April as the communist country's ambassador to Switzerland, said Open Radio for North Korea, which specialises in North Korean news.
Ri has been considered one of Kim's closest aides and looks after his secret funds abroad, it said.
Analysts say Kim's personal funds have been dwindling because of economic difficulties and tightened …