Fine but no jail time in SSRT bribery case

Fine but no jail time in SSRT bribery case
By Franklin Fisher, Stars and Stripes
Pacific edition, Friday, February 1, 2008

SUWON, South Korea — The South Korean businessman accused of bribing two AAFES officials in connection with a lucrative Internet contract was sentenced Wednesday to pay a fine.

His company, SSRT, also was fined.

Jeong Gi-hwan must pay 10 million won (about $10,597) and SSRT, also known as Samsung Rental Corp. Ltd., was fined 20 million won (about $21,194).

Judge Kim Mi-ri imposed the sentence in Suwon District Court, saying a fine was sufficient penalty in part because Jeong’s bribery case has left him with scant prospect of gaining future business with the U.S. military.

Wednesday’s sentencing brings to a close a protracted bribery trial in which Jeong stood accused of paying tens of thousands of dollars in bribes to former Army and Air Force Exchange Service officials Clifton W. Choy and H. Lee Holloway.


Rest of article at: http://www.stripes.com/article.asp?section=104&article=52081



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