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Korea
Six convicted of paying off North Korea
2003-09-26
Six prominent figures were convicted on Friday of secretly transferring money to North Korea ahead of a historic 2000 summit, the first to be punished in a scandal that has tarnished the image of a Nobel Peace prize-winning former president Kim Dae Jung.
Being a peace prize winner, along with Arafat and Carter is somewhat diminished already
The six men, including two key figures in Mr Kim’s administration, were given suspended prison terms immediately after the conviction by the Seoul District Criminal Court. The ruling means that the officials will not likely serve their sentences unless they are convicted of the same crime again. It is not clear if they will appeal.
appeal? a suspended sentence? bwahahaha
The court found them guilty of secretly remitting US$100 million in violation of South Korea’s strict foreign currency regulations. The case has severely damaged the reputation of Mr Kim after an independent counsel concluded that his government funnelled the money to North Korea in exchange for hosting the 2000 summit with the communist country’s leader Kim Jong Il. The summit led to the dramatic false easing of tensions on the Korean Peninsula and as a result Mr Kim won the Nobel Peace Prize that year. Mr Kim, who was never investigated or indicted, finished his five-year term in February this year. He was succeeded by President Roh Moo Hyun, a political ally.
Posted by:Frank G

#1  Semms like they are currently willing to come to the table without being bribed ... whenever the Chinese say they should.
Posted by: Super Hose   2003-9-26 6:36:14 PM  

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