Tongsun Park

Tongsun Park (born in 1935 Sunch'ŏn, Korea) is a former South Korean lobbyist. He was involved in two political money-related scandals: Koreagate scandal in the 1970s, and the Oil-for-Food Program scandal of the 2000s. Park had a reputation as the "Asian Great Gatsby".

Koreagate

In 1976, Park was charged with bribing members of the U.S. Congress, using money from the South Korean government, in a successful effort to convince the United States government to keep U.S. troops in South Korea. In 1977, he was indicted by a U.S. District Court on thirty-six counts, including bribery, illegal campaign contributions, mail fraud, racketeering, and failure to register as an agent of the Korean Central Intelligence Agency. He avoided a federal trial by testifying to the court in exchange for immunity. His testimony did not have a major impact, though it led to three members of Congress getting reprimanded, and may have convinced Speaker of the House Carl Albert not to seek re-election. One of the implicated former representatives, Otto Passman of Louisiana's 5th congressional district around Monroe, was charged with conspiracy, bribery, acceptance of an illegal gratuity, and income tax evasion. When his trial was moved from Washington, D.C., to Monroe, Passman was quickly acquitted.

Oil-for-food scandal

In 1992, Park was approached by Samir Vincent, an Iraqi-born American who was lobbying unofficially on behalf of the Saddam Hussein regime, to try to create a program that would bypass the United Nations-approved economic sanctions of Iraq that had started in 1991. Park agreed, requesting a payment of US$10 million for his effort, to which Vincent agreed. Park served as a liaison between Vincent and then-United Nations Secretary-General Boutros Boutros-Ghali, with whom Park was friendly. In late 1996, partly as a result of Park's lobbying efforts, the U.N. Oil-for-Food Program began. After 1997, when Kofi Annan became the new secretary-general, the government of Iraq dropped its ties with Park, but by then Park had received about US$2 million in payments.

In 2005 Park was accused of acting as an intermediary with corrupt United Nations officials in the oil-for-food conspiracy orchestrated by Saddam Hussein. His name surfaced as part of investigations into the Oil-for-Food scandal. In July 2006 he was convicted in a U.S. federal court on conspiracy charges. He became the first person convicted through the oil-for-food investigation. On February 22, 2007, he was sentenced to five years in prison. He also was fined $15,000 and required to forfeit $1,200,000. According to the Federal Bureau of Prisons Website, he was released from prison on September 10, 2008. The next day, he left the United States for South Korea.

Social life

In 1966, he founded The Georgetown Club at 1530 Wisconsin Ave NW. He was known for throwing parties in his social club which is now turned into a private restaurant. By the 1970s, his wealth of expensive homes, worldwide jet travel and a consulting firm (Parkington International Inc.) grew his influence among his connections and friends.

See also

*Koreagate
*'' Gifts of Deceit''

References

External links

"Central Park: The Oil for Food scandal yields its first conviction"
by Claudia Rosett

Link
*

{{DEFAULTSORT:Park, Tongsun
1935 births
Living people
South Korean businesspeople
South Korean criminals
South Korean lobbyists
South Korean socialites
White-collar criminals
People from South Pyongan