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Today's paper. Last Updated: 06/02/2012

Kim: No Hand in Slush

SEOUL () -- South Korean President Kim Young-sam on Monday denied involvement in a slush fund scandal that disgraced his predecessor Roh Tae-woo and made clear that Roh would not escape justice.


"He never told me about party funds and I myself did not take part in operating the funds," Kim was quoted as telling a meeting of political leaders.


Roh has confessed to amassing a $654 million political slush fund while in office from 1988 to 1993 and to keeping $222 million after he left office. It was Kim's first denial of personal involvement in those funds, raised with donations from big business conglomerates.




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