Thursday, February 21, 2008

South Korean President Cleared in Fraud Case

A prosecutor cleared South Korean President-elect Lee Myung-bak of financial fraud allegations that had clouded his rise to high office. Chung Ho-young said he reached the conclusion after a 38 day investigation into charges that Lee colluded in a 2001 stock case.He concluded that the President-elect was not involved in any financial fraud.

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