Prosecution raids firm owned by Chun's in-law over illegal slush funds
Social affairsSept 2, 2013
Prosecutors on Monday raided the offices of DongA One Corp., a leading local flour milling company that belongs to former President Chun Doo-hwan's relative, on suspicion of laundering the secret funds of the military-backed ruler convicted of bribery while in office in the 1980s.Chun was ordered by the nation's top court in 1997 to return to state coffers some 220 billion won (US$196.8 million) he illegally accumulated through bribery from big businesses during his rule from 1980-88. Chun, who