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Home > mk Business News 프린트 이메일 전송 리스트
Chun family to unveil plan to pay remaining fines
2013.09.10 14:23:50 | 2013.09.10 18:19:45
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The family of disgraced former President Chun Doo-hwan has decided to announce a plan Tuesday to pay the remaining fines worth 167.2 billion won ($154 million), putting an end to the 16 year long efforts to collect them.

[Chun family to unveil plan to pay remaining fines ] 기사의 본문 이미지

Source: Yonhap
September 10 marks the 110th day of the formation of prosecution team dedicated to the collection of fines from Chun at the Seoul Central District Court.

As early as May 24 when the team was set up, even the prosecution presumed that it would not be easy to collect unpaid fines from him.

However, the prosecution armed with the `Act on collecting Chun Doo-hwan’s punitive fine’ and public support ultimately led the Chun family to unveil a plan to pay the remaining fines by intimidating that the Chun family would all be subject to prosecution.

After the related ruling came out in 1997, the task has faced many bumpy roads. The issue of fine collection has resurfaced after Prosecutor General Chae Dong-wook took office.

The prosecution formed the team to collect the outstanding fines owed by the Chun family on May 24 at the Seoul Central District Court, citing collection of the money from Chun will expire in October.

Chae ordered, “[I] urge you to collect outstanding fines with the commitment to righting the wrong, using every available means including tacking down account/ asset and search and confiscation.”

Copyrightsⓒ Yonhap News

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