S Korea jail sex-spy chiefs for bribing former president

Author: Agencies

Three South Korean former spy chiefs were sentenced to jail Friday for bribing disgraced ex-president Park Geun-hye with millions of dollars from the country’s intelligence agency.

The trio were convicted of funnelling a total of 3.5 billion won ($3.2 million) to Park while they each served as head of the National Intelligence Service (NIS) under the then-president between 2013 and 2016.

“Special activities funds of the NIS should be spent on collecting intelligence”, the Seoul Central District Court said in a statement.

Of the three ex-NIS heads, Lee Byung-kee and Lee Byung-ho were thrown behind bars for three and a half years each.

The third, Nam Jae-Joon, was sentenced to three years in jail. Nam is already in prison after being given 42 months in May for obstructing prosecutors investigating meddling by the NIS into the 2012 presidential election.

Prosecutors on Thursday also demanded 12 more years in prison for Park for accepting the NIS funds as bribes.

She is currently serving 24 years in jail and has been fined millions of dollars for bribery and abuse of power in a massive corruption case which led to her downfall.

Published in Daily Times, June 16th 2018.

Share
Leave a Comment

Recent Posts

  • Business

Stocks reach new record high with 500-point rally

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining…

6 hours ago
  • Business

KP govt asked to abolish 2% cess on exports

Members of the Sarhad Chamber of Commerce and Industry (SCCI) Executive Committee on Friday demanded…

6 hours ago
  • Business

Gold prices up by Rs1,300 to Rs267,700 per tola

The price of 24 karat per tola gold increased by Rs.1,300 and was sold at…

6 hours ago
  • Business

Weekly inflation up by 0.55pc

The weekly inflation, measured by the Sensitive Price Indicator (SPI), went up by 0.55 percent…

6 hours ago
  • Business

Rupee gains 8 paisa against dollar

The Pakistani rupee on Friday appreciated by 08 paisa against the US dollar in the…

6 hours ago
  • Business

Commerce minister pledges support for textiles sector

Federal Minister for Commerce Jam Kamal Khan on Friday pledged support for textiles and apparel…

6 hours ago