Tuesday, September 6, 2016

Former execs of national swimming body get jail terms for corruption

Latest: Corruption and Money Laundering.



Former execs of national swimming body get jail terms for corruption

A local court on Friday sentenced former executives of South Korea's national swimming federation to jail for a string of corruption charges, including bribery in exchange for peddling influence over the selection of national team members.

The Seoul Central District Court handed down a three-year prison term to one of the former executives of the Korea Swimming Federation, identified only by his surname Chung, and ordered him to forfeit some 440 million won ($393,000) he illegally obtained.

He was convicted of receiving some 230 million won in bribes from another executive member, identified only by his surname Park, between 2004 and 2015, as well as from other people, in return for promising to give them favor in the national team selection.

Park was also sentenced to 10 months in prison for offering bribes, but he got a two year suspension.



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