Thursday, December 11, 2003

YAWN. SOUTH KOREA'S ILLEGAL DONATION SCANDAL PROBE WIDENS
South Korea's investigation into illegal political donations widened with the revelation that LG Group donated $12.7m of cash to the pro-business candidate in last year's presidential election.

Prosecutors on Wednesday said LG, South Korea's second-largest conglomerate, delivered a 2.5-tonne truck stuffed full of bank notes to a highway service station, where it was collected by an aide to Lee Hoi-chang, the losing candidate in last December's vote. The truck was allegedly driven to the headquarters of Mr Lee's Grand National party in Seoul.
Two and a half tons of banknotes! This is reason alone for the ROK to create a higher denomination bill.


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