Linda Kim Brought $2.7 Million into Korea in 1996
Published: 04 Jan. 2003, 18:58
On April 30, the Korean prosecutors charged, but did not arrest, Kim for bribing Korean Air Force employees, including a colonel, with $16,000, but said, "Kim's lobby activities with high-ranking officials during Kim Young-sam's presidency have not been confirmed." The prosecution, however, did not mention the $2.7 million at all, which has resulted in them being accused of having carried out an unreliable investigaton. According to exclusive information obtained by JoongAng Ilbo on May 3, the Defense Security Command discovered the bank account in which Kim kept the money she brougt into Korea when they were investigating allegations of her illegal lobbying in 1997.
Authorities discovered that they could not account for the wherabouts of $900,000 of the money Kim brought into the country. However, it was later found that part of the money was used in purchasing and repairing a house in Nonhyon-dong, Kangnam Ward, Seoul.
However, it is not yet known whether Kim spent all of the missing $900,000 on the house, and if not, how the rest of the money was used.
by Choi Jae-hee
with the Korea JoongAng Daily
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