Word: summit
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...Asan, the subsidiary that specializes in tourism and industrial investments in North Korea. He was on trial for his still-murky role in the clandestine transfer of at least $450 million to North Korea in 2000, money allegedly used to secure North Korean participation in a groundbreaking inter-Korean summit that year. (The Hyundai group is alleged to have contributed $100 million...
...Hyundai group that prosecutors allege was set up by a top aide to former President Kim Dae Jung. After his suicide, prosecutors said Chung might have actually channeled $21 million into the fund. Former President Kim isn't currently under investigation for the slush fund or the summit pay-offs to North Korea; with Chung's death, he might never be. At a wake for Chung, a teary Hyundai Asan president Kim Yoon Kyu was heard in a TV news broadcast to say: "The chairman fell on his sword to end this whole thing...
Staying in something, staying as something, are important to him. Part of the expectation of events like the Quecreek rescue is that they will be transformative. If there's a miracle, there must be a corresponding conversion; people must come away changed. A regular at the Summit Mills Grace Brethren Church, Fogle goes along up to a point. He says he can "guarantee" that God played a role in saving his crew. "With that magnitude of accident, we should be dead." But he gets a little irritated at people asking him how the experience changed him. "I mean...
...doubt that India's once fading leader has returned with a bang. Abroad, he's never been so well received: before clinching the landmark deal with China, Vajpayee made a whirlwind tour of Russia, Germany and France for bilateral talks on the sidelines of this summer's G-8 summit. For the third time in his six-year term, he's expending political capital to try to make peace with neighboring Pakistan. At home, Vajpayee's star has never been higher. The opposition Congress Party is asleep on its benches. Last month Vajpayee quashed a leadership challenge from within...
...CHARGED. PARK JIE WON and LIM DONG WON, former South Korean government officials, and CHUNG MONG HUN, chairman of Hyundai Asan, with violations in connection with the 2000 summit between the two Koreas; in Seoul. Park (pictured), a top aide to Kim Dae Jung, then South Korea's President, was charged with having abused his authority. Chung and Lim, another Kim aide, were charged with having violated foreign-currency regulations. The Hyundai Group sent $500 million to North Korea months before the historic summit, the first since the Korean War ended in 1953. An investigation found that $100 million...