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Lee Myung-bak's brother questioned for graft

11-01-2012 19:23 BJT

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South Korean President Lee Myung-bak’s eldest brother Lee Sang-eun has been summoned to the Special Prosecutor’s office in Seoul. He’s being questioned for having a connection with the president’s now-suspended retirement home project.

The 79-year-old allegedly lent 550, 000 US dollars in cash to his nephew and President Lee’s only son Lee Si-hyung, as part of the funding needed to buy land for the scheme. Lee Si-hyung purchased part of the land. The presidential security service bought another part in order to build facilities to protect former-presidents.

Opposition lawmakers allege the son paid less than market value because the security service overpaid. Lee Sang-eun has told reporters he will not discuss lending the money to his nephew with President Lee Myung-bak nor first lady Kim Yoon-ok. South Korean special prosecutors have raided Lee Sang-eun’s home, as part of their investigation.

 

Editor:Zhang Dan |Source: CCTV.com

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