Kim's son to be summoned again<\/p>\n
SEOUL (Reuter): South Korean state prosecutors will again
\nsummon President Kim Young-Sam's son for questioning in
\nconnection with a probe into a scandal involving the younger Kim,
\na prosecution official said yesterday.<\/p>\n
The official confirmed a report by state-run Korean
\nBroadcasting System (KBS) television that Kim Hyun-chul would be
\nsummoned by 2 p.m. (0500 GMT) today.<\/p>\n
He declined to give any more information.<\/p>\n
KBS reported prosecutors had discovered Kim Hyun-chul, the
\npresident's second son, had managed more than 20 billion won
\n($22.4 million) in illicit funds, part of which came from several
\ncompanies run by his associates.<\/p>\n
Kim Hyun-chul has denied allegations he took kickbacks from
\ncompanies in return for influence-peddling and that he meddled in
\nstate affairs.<\/p>\n
He was questioned by prosecutors in February but cleared of
\nany wrongdoing in connection with a loans-for-kickbacks scandal
\nuncovered by the collapse in January of Hanbo Steel Co.<\/p>\n
Hanbo, the nation's second-largest steelmaker, folded after
\npiling up five trillion won ($5.8 billion) in loans, revealing a
\nweb of corrupt alliances between politicians, businessmen and
\nbankers.<\/p>\n
Eleven people, including ruling and opposition party
\nlawmakers, top aides to President Kim, bankers and Hanbo founder
\nChung Tae-soo, are on trial for bribery.<\/p>\n
Prosecutors have said they could not find any link between Kim
\nHyun-chul and Hanbo but had secured enough evidence to charge him
\nthis month for \"irregularities unrelated to Hanbo\".<\/p>",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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