Chun Shin-il under arrest

Home > National > Social Affairs

print dictionary print

Chun Shin-il under arrest

테스트

Sejoong Namo Tour Chairman Chun Shin-il was arrested Tuesday night on suspicion of taking 4 billion won in kickbacks. [YONHAP]


Chun Shin-il, chairman of Sejoong Namo Tour and a close friend of President Lee Myung-bak, was arrested Tuesday night over allegations of bribery.

Chun, 67, is suspected of taking some 4 billion won ($3.5 million) in kickbacks from Lee Su-woo, president of Imchon Industrial Co., an affiliate of Daewoo Shipbuilding & Marine Engineering, in exchange for helping his company convert its debt to equity and avoid a tax probe in 2006.

Chun returned home on Nov. 30 after leaving for Japan in mid-August, citing medical treatment.

In October, during his absence, prosecutors raided Chun’s office. They said they have Lee’s testimony that he handed over 2.6 billion won to Chun.

Chun has been summoned twice since his return from Japan but has denied bribery allegations, investigators said.

Chun and President Lee are both graduates of Korea University in Seoul. Chun is said to have played a key role in Lee’s presidential campaign in 2007.


Yonhap

More in Social Affairs

Distancing measures raised nationwide, Seoul kept at Level 2

From dentist to lawyer to anticorruption advocator

Korea to host virtual anticorruption conference this week

New Covid cases surpass 500 for second day in a row

YG founder fined for gambling in Los Angeles

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now