Wednesday, March 14, 2018

THREATS FROM NORTH KOREA: Former president Lee Myung-bak appears before prosecution



Former South Korean leader Lee Myung-bak offered an apology to the people as he appeared for prosecution questioning over corruption allegations that include bribery and abuse of power.

The fifth former South Korean president who will face a prosecution investigation stood before local and foreign reporters. He told reporters "I am deeply sorry for causing concern to the public at a time when our economy is struggling and regional security is at stake."

Lee, who was president from 2009 to 2013, is suspected of taking a total of 10.3 million dollars in bribes from the National Intelligence Service as well as Samsung and others, including from a former chief of a major banking group, around the time of his election win and in the early years of his term in office. He also face suspicions that he was involved in huge illegal funds made through auto parts maker DAS.

Prosecutors believe Lee abused his presidential power and ordered his office and foreign ministry to help the auto parts company recover the money. He has denied all accusations, denouncing the investigation as political retaliation by the current administration of liberal President Moon Jae-in.

Source: Arirang News

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