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

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.