S. Korea leader's brother receives 2-year jail term
AFPSEOUL--A South Korean court on Thursday sentenced the elder brother of President Lee Myung-bak to two years in jail after convicting him on corruption charges.
January 25, 2013, 1:05 am TWN
The Seoul Central District Court also ordered Lee Sang-deuk, 77, to pay fines totaling 750 million won (US$701,600) — the same sum he was found guilty of taking in kickbacks from bankers and a businessman.
Lee, a six-term lawmaker, was arrested in July last year on graft charges and allegedly helping troubled banks avoid audits.
His activities were linked to a major corruption scandal in early 2011 when four savings banks were suspended for inadequate liquidity, triggering a wider probe.