ID :
186211
Fri, 06/03/2011 - 06:59
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Shortlink :
https://oananews.org//node/186211
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Senior bank official probed over possible bribery of lawmakers
SEOUL, June 3 (Yonhap) -- Prosecutors were investigating Thursday a senior bank official's possible bribery of two lawmakers after he testified to giving them 300 million won (US$278,630) since 2005.
Shin Sam-gil, honorary president and major shareholder of Samhwa Mutual Savings Bank, was indicted in April on charges of extending some 70 billion won worth of illegal and bad loans.
During questioning, Shin said he gave 3 million won each month to a former lawmaker with the Uri Party starting in 2005, according to the Seoul Central District Prosecutors' Office. The party was the ruling political party of then-President Roh Moo-hyun at the time.
Shin also said he gave 5 million won each month to another lawmaker with the now-ruling Grand National Party, bringing the total to 150 million won to each side, prosecutors said.
The revelation comes as prosecutors are investigating a snowballing savings bank scandal that has implicated high-level politicians and senior officials.
Prosecutors said they plan to summon the two lawmakers, identified only by their initials of Y and K, respectively, to determine whether the money was payment for their influence in preventing the bank's collapse. Samhwa filed for bankruptcy last month.
Shin Sam-gil, honorary president and major shareholder of Samhwa Mutual Savings Bank, was indicted in April on charges of extending some 70 billion won worth of illegal and bad loans.
During questioning, Shin said he gave 3 million won each month to a former lawmaker with the Uri Party starting in 2005, according to the Seoul Central District Prosecutors' Office. The party was the ruling political party of then-President Roh Moo-hyun at the time.
Shin also said he gave 5 million won each month to another lawmaker with the now-ruling Grand National Party, bringing the total to 150 million won to each side, prosecutors said.
The revelation comes as prosecutors are investigating a snowballing savings bank scandal that has implicated high-level politicians and senior officials.
Prosecutors said they plan to summon the two lawmakers, identified only by their initials of Y and K, respectively, to determine whether the money was payment for their influence in preventing the bank's collapse. Samhwa filed for bankruptcy last month.
