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Lee–Chang Scandal
The Lee–Chang scandal ( ko, 이철희 장영자 어음 사기 사건, ''Yi Chol-hui–Jang Yeong-ja eoeumsagi sageon'', "Yi Chol-hui–Jang Yeong-ja note fraud incident") was a serious South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...n financial scandal that unfolded in 1982 under the presidency of Chun Doo-hwan. Jang Yeong-ja was a curb market operator who provided industrial firms with loans, demanding notes worth many times the loan's value in return, on condition that the notes would not be resold. In this way, beginning with $7 million saved from the alimonies of her two former husbands, Jang came to personally manipulate almost $1 billion through her underground loan network, or 17% of the entire South Korean money supply. The network was uncovered when on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chun Doo-hwan
Chun Doo-hwan (; or ; 18 January 1931 – 23 November 2021) was a South Korean Republic of Korea Army, army general and military dictator who ruled as an unelected Political strongman, strongman from 1979 to 1980 before replacing Choi Kyu-hah as president of South Korea from 1980 to 1988. Chun usurped power after the 1979 Assassination of Park Chung-hee, assassination of president Park Chung-hee, a military dictator who had ruled since 1962. Chun orchestrated the Coup d'etat of December Twelfth, 12 December 1979 military coup, then cemented his military dictatorship in the Coup d'état of May Seventeenth, 17 May 1980 military coup in which he declared martial law and later set up a Samchung re-education camp, concentration camp for "purificatory education". He established the highly authoritarianism, authoritarian Fifth Republic of Korea on 3 March 1981. After the June Struggle democratization movement of 1987, Chun conceded to allowing the 1987 South Korean presidential elect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chohung Bank
Chohung Bank Co., Ltd. (CHB; ) was a bank company headquartered in Seoul, South Korea. It is one of the oldest banks in Korea, having been established on February 1, 1897. Its first loan was against living donkey in same year. The bank was nationalized after Korea gained independence in 1945. It was privatised under the government of Syngman Rhee in 1950s, but renationalized in 1961 by new military government. It became one of the 5 largest commercial banks in South Korea, but fell under financial trouble in 1997 Asian financial crisis. Chohung merged with Shinhan Bank in April 2006. The merger was pushed by South Korean government to make economy of scale in banking industry See also *Chohung Bank FC * List of banks in South Korea *Economy of South Korea *Shinhan Financial Group *Shinhan Bank Shinhan Bank Co., Ltd. () is a bank headquartered in Seoul, South Korea. Historically it was the first bank in Korea, established under the name Hanseong Bank in 1897. The bank was ree ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Korea Development Bank
Korea Development Bank (KDB Bank, SWIFT: KODBKRSE) is a wholly state-owned policy development bank in South Korea. It was founded in 1954 in accordance with The Korea Development Bank Act to finance and manage major industrial projects to expedite industrial development of Korea. As a 61st biggest global bank (The Banker Top 1000 World Bank List in 2018), KDB Bank has not only fostered the growth of strategic industries but also facilitates the turnaround of troubled companies through restructuring and provides capital for strategic development projects. Since 2000, it has diversified into investment banking services and operates as a CIB (Commercial and Investment Bank). Nevertheless, it is a major restructuring player and has saved a lot of big companies during major financial crisis, especially in 1997 Asian financial crisis and Financial crisis of 2007–2008. Offices (as of December 2018) Domestic Branch : 69 locations in South Korea International Subsidiary (5) : China (Hon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KCIA
The National Intelligence Service (NIS; Korean language, Korean: 국가정보원, 국정원) is the chief intelligence agency of South Korea. The agency was officially established in 1961 as the Korean Central Intelligence Agency (KCIA; Korean language, Korean: 중앙정보부), during the rule of President Park Chung-hee's military Supreme Council for National Reconstruction, which displaced the Second Republic of Korea. The original duties of the KCIA were to supervise and coordinate both international and domestic intelligence activities and criminal investigation by all government intelligence agencies, including that of the military. The agency's broad powers allowed it to actively intervene in Politics of South Korea, politics. Agents undergo years of training and checks before they are officially inducted and receive their first assignments. The agency took on the name Agency for National Security Planning (ANSP; Korean language, Korean: 국가안전기획부, 안기 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Park Chung Hee
Park Chung-hee (, ; 14 November 1917 – 26 October 1979) was a South Korean politician and army general who served as the dictator of South Korea from 1961 until his assassination in 1979; ruling as an unelected military strongman from 1961 to 1963, then as the third President of South Korea from 1963 to 1979. Before his presidency, he was the second-highest ranking officer in the South Korean army and came to power after leading a military coup in 1961, which brought an end to the interim government of the Second Republic. After serving for two years as chairman of the military junta, he was elected president in 1963, ushering in the Third Republic. During his rule, Park began a series of economic reforms that eventually led to rapid economic growth and industrialization, now known as the Miracle on the Han River, giving South Korea one of the fastest growing national economies during the 1960s and 1970s, albeit with costs to economic inequality and labor rights. This e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Survey
''Asian Survey: A Bimonthly Review of Contemporary Asian Affairs'' is a bimonthly academic journal of Asian studies published by the University of California Press on behalf of the Institute of East Asian Studies at the University of California, Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant u .... The journal was established in 1932 as ''Memorandum (Institute of Pacific Relations, American Council)'', but was renamed ''Far Eastern Survey'' in 1935. The journal acquired its current name in 1961. The journal uses double-blind peer review. References External links * Homepage for the Institute of East Asian Studies at the University of California, Berkeley {{University of California, Berkeley Asian studies journals University of California Press academic journals Pub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Political Scandals In South Korea
This article provides a list of political scandals that involve officials from the government or politicians of South Korea. Koreagate (1976) Koreagate is the name of a political bribery scandal revealed in 1976. It involves the Central Intelligence Agency South Korea (KCIA), Korean political figures and several U. S. congressmen. In 1971, U. S. President Richard Nixon announced his intention to withdraw U. S. troops from South Korea. The President of the Republic of Korea, Park Chung-hee, disagreed with Nixon's decision to withdraw soldiers from South Korea and felt that it was urgent to obtain support to preserve the remaining military presence of the United States. In 1976, KCIA spent millions of dollars to finance a project called Intrepid. The purpose of this program was to bring both President Nixon back on his decision and to ease the growing tensions between the two countries. KCIA bribed some U. S. congressmen through Korean businessman Tongsun Park to seek favors and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1982 Scandals
__NOTOC__ Year 198 (CXCVIII) was a common year starting on Sunday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Sergius and Gallus (or, less frequently, year 951 ''Ab urbe condita''). The denomination 198 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire *January 28 ** Publius Septimius Geta, son of Septimius Severus, receives the title of Caesar. **Caracalla, son of Septimius Severus, is given the title of Augustus. China *Winter – Battle of Xiapi: The allied armies led by Cao Cao and Liu Bei defeat Lü Bu; afterward Cao Cao has him executed. By topic Religion * Marcus I succeeds Olympianus as Patriarch of Constantinople (until 211). Births * Lu Kai (or Jingfeng), Chinese official and general (d. 269) * Quan Cong, Chinese general and advisor (d. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
