March 31, 1988 |
The younger brother of former President Chun Doo Hwan was arrested early today on corruption and embezzlement charges in connection with a multimillion-dollar financial scandal, South Korean prosecutors said. Court sources, speaking on condition of anonymity, said warrants for the arrest of Chun Kyung Hwan and three of his aides and associates were issued shortly after midnight and served early this morning.
April 22, 1988 |
President Roh Tae Woo deflected questions about a widening corruption scandal Thursday in his first news conference since assuming office and portrayed himself as an honest public servant by disclosing his personal assets. In what was said to be the first such accounting by a South Korean government leader, Roh told reporters that he holds assets worth about $700,000, including real estate, stocks and bank deposits.
September 6, 1988 |
Chun Kyung Hwan, younger brother of former South Korean President Chun Doo Hwan, was convicted of fraud Monday in Seoul District Court and sentenced to seven years in prison and fined $5.9 million. Chun, 46, was found guilty of using the government-backed Saemaul (Community Development) Movement he headed to receive bribes, commit embezzlement and evade taxes in offenses involving about $10.3 million.
March 30, 1988 |
The younger brother of former President Chun Doo Hwan was arrested early today on charges of embezzling more than $9 million in public funds, taking bribes and tax evasion following a special investigation into a $16-million scandal. The Seoul District Criminal Court ordered the arrest of Chun Kyung Hwan at the request of a special investigation team in the prosecutor general's office.
March 29, 1988 |
The brother of former President Chun Doo Hwan was questioned by prosecutors today about the theft of millions of dollars, and one of his associates attempted to kill himself while being interrogated. Chun Kyung Hwan was summoned by prosecutors to answer charges he used his position as head of the semi-official Saemaul development movement to amass a fortune in cash, land and stocks.
April 13, 1988 |
Former President Chun Doo Hwan today resigned all his public and political posts to accept responsibility for his brother's role in a massive corruption scandal. Chun, looking tired and strained, told a news conference he was resigning as chairman of the Advisory Council of State Elders and as honorary president of the governing Democratic Justice Party.