Voice from the Commonwealth
Commentary, World Views and Occasional Rants from a small 'l' libertarian in Massachussetts

"If ye love wealth greater than liberty, the tranquility of servitude better than the animating contest for freedom, go home and leave us in peace. We seek not your council nor your arms. Crouch down and lick the hand that feeds you, and may posterity forget that ye were our countrymen." - Samuel Adams

Tuesday, October 01, 2002

If true, I suppose this is one way to put 'Sunshine' in you relations with a hostile neighbor.

South Korean president Kim Dae-jung has been accused of "bribing" North Korea to improve relations with the South by secretly channelling $400m (£250m) of public funds to Pyongyang through the Hyundai business group.

Opposition politicians alleged state-run Korea Development Bank funded payments by Hyundai to North Korea shortly before and after Mr Kim's Nobel Peace prize-winning summit meeting with North Korean leader Kim Jong-il in June 2000.

"It has been found that the inter-Korean summit in 2000 was bought with money," said Suh Chung-won, chairman of the Grand National party, South Korea's main opposition party. Hyundai and the government denied the allegations.

Providing generous aid to poverty-stricken North Korea in return for a reduction in tensions is an accepted principle of Seoul's "sunshine" policy of reconciliation. However the suggestion that a secret cash payment preceded the inter-Korean summit has provoked outrage in South Korean newspapers.

< email | 10/01/2002 01:54:00 PM | link

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