Kim Jong II’s Yachts Impounded
By Allison Medoff

Being dictator is not all it’s cracked up to be when a man is not able to buy a decent pair of luxury yachts. All that money from the country’s fear-stricken citizens, and North Korea’s Kim Jong II can’t even enjoy the open sea air aboard his vessel of choice. And he probably could have used that oceanic retreat since he’s reportedly suffering from pancreatic cancer. The Italian megayachts were impounded by Italian police in Viareggio according to Italy’s Libero-News. Worth an estimated 13 million Euros, the yachts were on their way to China when a sting operation known as Operation Flybridge confiscated the vessels under the international trade embargo. Kim should know better than to try a stunt like that. Breaking the rules must run in the family, as his son was arrested in 2001 for traveling on a forged passport. Red flags were raised when an Aussie businessman paid cash for the construction of the yachts, and then transferred the titles to a Chinese company. Bank accounts were traced back to Kim. The boats will be put up for auction and the money that has already been paid is currently frozen. That would be a fun new purchase and a great conversation starter for guests. Guess who recently tried to buy this floating beauty?
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