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Legal action expected on fund scandal suspects.

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| December 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Korea Herald)

By Kim Kyung-ho Prosecutors will begin taking legal action this week against key corporate and party officials involved in illicit campaign financing during last December's presidential election, prosecution sources said yesterday.

A batch of top corporate executives and campaign officials are in line to be summoned for further questioning, which is expected to lead to most of them facing jail sentences.

"The prosecution will be extremely busy this week," said Ahn Dae-hee, a senior prosecutor directing the campaign funding investigation, last week.

Prosecutors appear to have grasped a rough picture of the improper corporate funds funneled into the camps of major candidates running in the last presidential election, according to the sources.

The prosecution has reviewed accounting records it received or confiscated from more than a dozen conglomerates and corporations since it undertook a full-fledged probe into the illegal campaign funds a month ago.

Prosecutors have also pressed a number of corporate and campaign officials to disclose all political donations made during the campaign.

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