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Prosecutors raid former first lady's home, cultural foundation in slush fund probe
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Crime & Justice

Prosecutors raid former first lady's home, cultural foundation in slush fund probe

From Chosun Ilbo · () Korean

Translated from Korean, summarized and contextualized by DistantNews.

At a glance

News From a news agency Under investigation
  • Prosecutors in South Korea have raided the home of Kim Ok-suk, the former first lady, and the East Asia Cultural Foundation.
  • The raids are reportedly related to an investigation into slush funds allegedly belonging to former President Roh Tae-woo.
  • Details about the specific findings or the scope of the investigation remain limited.

South Korean prosecutors have conducted raids on the residence of Kim Ok-suk, the former first lady, and the offices of the East Asia Cultural Foundation. The actions are part of an ongoing investigation into alleged slush funds connected to her husband, former President Roh Tae-woo.

Details surrounding the raids remain scarce, but reports indicate that the searches were aimed at gathering evidence related to the financial dealings of the former presidential couple. The East Asia Cultural Foundation, a non-profit organization, is also reportedly under scrutiny as part of this inquiry.

This investigation into alleged illicit funds follows previous probes into the assets of Roh Tae-woo, who served as president from 1988 to 1993. The former president himself was implicated in corruption scandals during his tenure and after leaving office, leading to significant legal repercussions.

DistantNews Editorial

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.