Friday, September 23, 2011

Prominent pastor faces probe over alleged embezzlement in Korea

Rev. Cho Yong-gi, the founder of one of the world's largest Christian churches, may face an investigation by prosecutors over allegations that he and his family embezzled large amounts of church funds, church elders said Tuesday.




A group of 29 elders at Yeouido Full Gospel Church in Seoul filed a suit Monday against Cho and his first son Cho Hee-jun, the former CEO of the church-affiliated local daily Kookmin Ilbo, accusing them of misappropriating over 20 billion won (US$ 17.4 million) of church funds for speculative stock market investment.

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