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09 January 2009 The on-line newspaper devoted to the world of transports 07:03 GMT+1



February 14, 2003

Kim Apologizes for Summit Scandal

By Oh Young-jin
Staff Reporter
The Korea Times

President Kim Dae-jung yesterday admitted approving Hyundai Merchant Marine's (HMM) transfer of more than $200 million to North Korea just before the historic inter-Korean summit in June, 2000, although he knew the payment was illegal.

In a nationally televised news conference, Kim said, "The government allowed ......
Read more on The Korea Times



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