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Former STX chairman partially admits bribery allegation

Posted January. 28, 2015 07:17,   

한국어

The government`s investigation team on defense business corruption summoned former STX Chairman Kang Duk-soo (currently in jail), while probing into a case that former Navy Chief of Staff Jeong Ok-geun allegedly had received bribery from STX in 2008. Prosecutors investigated former STX employees and placed Jeong as suspect.

According to defense industry sources and the prosecution on Tuesday, the investigation team recently summoned Kang and interrogated him how and why he sponsored 700 million won (649,350 U.S. dollars) as advertising cost to a yacht firm to which Jeong`s first son is a majority shareholder. It is known that Kang partially admitted that it was to lobby Jeong.

Previously, prosecutors had obtained statement from employees at STX Offshore & Shipbuilding and STX Engine that the money was used for lobbying. Prosecutors will soon investigate Jeong and is also examining probing his son. Jeong is known to be denying the act.

The former navy chief of staff had been sentenced to two years in prison at the first trial for embezzling 500 million won (463,821 dollars) of the soldiers’ welfare fund. And at the second trial in April 2012, he was sentenced to two years in prison with three years of probation.

Kang was arrested and charged with embezzlement and dereliction in April last year, and was later sentenced to six years in prison at the first trial. He is currently serving in jail.