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SOUTH KOREA : Finance Ministry Official Arrested

From Times Wire Reports

Prosecutors investigating a bribery scandal arrested the Ministry of Finance and Economy’s director general, Han Taek Soo, two days after the arrest of the chief stock market watchdog, Paik Won Ku, on suspicion of taking $140,000 in bribes. Prosecutors accused Han, 46, who headed treasury operations at the ministry, of accepting a bribe of $64,100 from Korea Data Systems Co. in return for helping the company list on the Seoul stock exchange.


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