Broker in nuke reactor scandal gets jail term for graft
Source: Yonhap
A district court on Friday sentenced a broker in a high-profile corruption scandal surrounding nuclear reactors to three years and six months in prison for taking bribes from a local builder.
Oh Hee-taek was found guilty of accepting 1.78 billion won (US$1.5 million) in kickbacks from Hankook Jungsoo Industries Co. in exchange for helping the local water treatment firm win its bid to take part in the government's project to build nuclear reactors in the United Arab Emirates (UAE).
The eastern branch of the Busan District Court also ordered Oh to pay 1.78 billion won in fines.
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During the prosecution's probe, Oh was found to have provided some of the bribes to former vice commerce minister Park Young-june in exchange for influence peddling. Park was known as one of the closest confidants to then President Lee Myung-bak.
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In the same ruling, the court also sentenced a former vice chief of the state-run nuclear power operator to one year and six months behind bars for accepting bribes from local suppliers and subordinates.
Lee Jong-chan, former vice-chairman of Korea Hydro and Nuclear Power, was found guilty of taking 36 million won from the company's three contractors.
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Read more: http://english.yonhapnews.co.kr/business/2014/02/14/3/0503000000AEN20140214003100315F.html
via http://www.nucpros.com/content/broker-nuke-reactor-scandal-gets-jail-term-graft