SEOUL: President Kim Dae-jung said yesterday he does not want Hyundai executives to be prosecuted even if they are found to have paid North Korea excessively to promote business in the communist state.
Kim's remarks strongly indicated that there was truth to allegations by opposition lawmakers that the Hyundai group had sent at least US$200mil (RM765mil) to North Korea days before a historic inter-Korean summit in 2000. The main opposition Grand National Party has alleged that the money was a payoff to facilitate the summit.
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