swissinfo, Rumsfeld was on ABB board during deal with North Korea. "The
Swiss-based ABB on Friday told swissinfo that Rumsfeld was involved with the
company in early 2000, when it netted a $200 million (SFr270million) contract
with Pyongyang. The ABB contract was to deliver equipment and services for two
nuclear power stations at Kumho, on North Korea's east coast. The ABB contract
was a consequence of a 1994 deal between the US and Pyongyang to allow
construction of two reactors in exchange for a freeze on the North's nuclear
090503, (The Guardian) The Two Faces Of Rumsfeld. Mr Rumsfeld was a non-executive director, a European engineering giant based in Zurich, when it won a $200m (£125m) contract to provide the design and key components for the reactors, The current defence secretary sat on the board from 1990 to 2001. The sale of the nuclear technology was a high-profile contract. ABB's then chief executive, Goran Lindahl, visited North Korea in November 1999 to announce ABB's wide-ranging, long-term cooperation agreement" with the communist government.
Orla Jordal, 2007
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