Political Risk

South Korea Indicts 63 in Probe on Defense Procurement

“More than 60 South Koreans, including two former navy chiefs of staff, have been indicted in an investigation into alleged corruption associated with numerous defense procurement projects, prosecutors said Wednesday. Sixty-three people face charges of accepting bribes, fabricating official documents or leaking military secrets, senior prosecutor Kim Ki-dong told a televised news conference.”

Source: South Korea Indicts 63 in Probe on Defense Procurement – ABC News

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