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Newz Forum: OLYMPICS: World Taekwon-do head in corruption investigations

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posted on Jan, 25 2004 @ 07:25 AM
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One of the most senior figures in the International Olympic Committee (IOC) was on Friday suspended from the organisation pending the results of inquiries into corruption allegations.Kim Un-yong, an IOC vice-president, has been accused of accepting bribes and embezzling funds from martial arts federations in South Korea.
 

The 72-year-old resigned from the South Korean parliament and as head of the World Taekwon-do Federation on January 9 after the scandal broke and is also the subject of an IOC ethics commission investigation.Kim has been accused of accepting payments from Korean Olympic officials and embezzling funds from taekwon-do organisations. A police raid on his home last month found foreign currency totalling more than $1million.




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