South Korea opposition leader Lee indicted over funds transfer to North Korea

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South Korea opposition leader Lee indicted over funds transfer to North Korea
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SEOUL: South Korea's main opposition leader was indicted on Wednesday (Jun 12) on bribery charges in an alleged scheme to use an underwear maker to transfer

Lee Jae-myung, leader of the main opposition Democratic Party, attends an event to disband the election camp for the 22nd parliamentary election in Seoul, South Korea , on Apr 11, 2024. was indicted on Wednesday on bribery charges in an alleged scheme to use an underwear maker to transfer funds to North Korea and facilitate a visit to Pyongyang when he was a provincial governor, news reports said.

Ssangbangwool is a business group that began as an underwear maker and later expanded to other businesses.Lee has denied any involvement or knowledge of the scheme, which dates to 2019 and 2020 and was aimed at promoting a commercial project with North Korea and a visit by Lee to Pyongyang, which would have burnished his status as a rising political figure.

He is on a separate trial on corruption charges stemming from his term as a mayor of a city near Seoul.

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