Prosecutors raid home of late President Roh's wife over alleged slush fund
Prosecutors on Friday raided the home of late former President Roh Tae-woo's wife over allegations her family stashed a secret fund, legal sources said. The search and seizure took place at Kim Ok-suk's residence in western Seoul on suspicions of tax evasion and violating the law on concealment of criminal proceeds, according to the sources. Civic groups earlier filed a complaint against the late…
On Friday, prosecutors conducted a raid at the home of Kim Ok-suk, the late former President Roh Tae-woo's wife, amid allegations that her family had hidden a secret fund, according to legal sources. The search and seizure were conducted in western Seoul, suspected of tax evasion and violating laws on concealment of criminal proceeds, sources reported.
Earlier, civic groups had filed a complaint against Roh, her daughter Soh-yeong, and son Jae-heon, who now serves as South Korea's ambassador to China, regarding the alleged slush fund. Roh, who led the nation from 1988 to 1993, passed away in 2021. The existence of the alleged fund came to light during the divorce proceedings of Roh Soh-yeong and SK Group Chairman Chey Tae-won, as they struggled to agree on the division of their assets.
Roh claimed that the late president had transferred 30 billion won ($21.7 million) to Chey's father, which she argued contributed to SK Group's growth. The Supreme Court officially granted the couple's divorce in October, but did not issue a ruling on the matter.
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