N. Korea should scrap plan for mount Kumgang assets disposal

North Korea said Monday it will take legal steps to dispose of all South Korean property at its scenic mountain resort, aggravating inter-Korean relations that have stagnated due to North Korea's series of provocations against the South. Blaming Seoul for not responding to its proposals on how to handle the assets at the Mount Kumgang resort, Pyongyang has threatened to dispose of the roughly 300 billion won (US$284 million) worth of assets unless South Korean business representatives visit the resort to discuss ways to handle their property. North Korea froze the South Korean assets in the mountain resort after tour programs were suspended in 2008 following the shooting death of a South Korean female tourist there.