View Full Version : IOC Vice President Kim sentenced to 2 1/2 years for embezzlement and bribery

Cool Doggy
6/03/2004 10:17pm,
Could someone move this to News with my Username? I can't post to News, probably because it's for paying members only.

By SANG-HUN CHOE Associated Press Writer

SEOUL, South Korea (AP) - A South Korean court sentenced International Olympic Committee Vice President Kim Un-yong on Thursday to 2 1/2 years in prison on embezzlement and bribery charges.

The three-judge panel also ordered Kim to pay 780 million won (US$672,000) in fines as compensation for the bribes he was ruled to have taken from sports officials seeking his favor.

Prosecutors had charged Kim with embezzling 3.84 billion won (US$3.3 million) from the World Taekwondo Federation, the World Taekwondo Headquarters - which issues taekwondo credentials - and other sports organizations. He also was accused of taking 810 million won (US$698,000) in bribes from businesses and a sports official in return for favors.

Prosecutors had reportedly been seeking a seven-year jail term against Kim.

The country's best known sports official, Kim was a longtime IOC member who helped give taekwondo - Korea's martial arts discipline - a global stage. He also helped South Korea host the 1988 Summer Games.

Judge Kim Byong-woon said a lesser sentence was given after considering Kim's contribution to "making the South Korean national sport of taekwondo into a global sport and helping make it an Olympic medal event."

Dressed in a dark blue suit, Kim stood speechless before the court during the 10-minute sentencing. Kim can appeal within a week, but it was not yet clear whether he would do so.

Prosecutors sought a prison term for Kim, accusing him of "turning sports organizations into private enterprises and lording over them as if he were a god," South Korea's Yonhap news agency had earlier reported.

During a court session last month, Kim reportedly apologized for having disappointed the public.

"Although there were some mistakes in keeping accounting books while working obsessively for the 1988 Seoul Olympic Games and sports exchanges between South and North Korea, I ask for generosity," Kim was quoted as saying by Yonhap. "I have been working not for myself, but for the country."

The IOC executive board provisionally stripped Kim of all his Olympic duties on Jan. 23, pending investigations by South Korean authorities and the IOC ethics commission.

In January, Kim resigned from top posts at the World Taekwondo Federation and the World Taekwondo Headquarters. He also stepped down from a position held as a national legislator.

In the 2001 election for IOC's top job, Kim finished a distant second to Jacques Rogge.

2004-06-03 02:16:19 GMT

From http://news.findlaw.com/ap_stories/l/0000/6-2-2004/20040602193003_01.html

6/04/2004 5:00pm,
for the country...

yeah right...