SEOUL, South Korea (AP) A son of ex-dictator Chun Doo-hwan said Tuesday his family will pay back the money his father amassed for a huge slush fund during his corrupt 1980s rule in South Korea.
Chun, a former army general, seized power in a 1979 coup and ruled the country with an iron-fist until early 1988. He was arrested in 1995 and received a death sentence after being convicted of corruption, mutiny and treason, though he was pardoned in 1997 in a bid for national reconciliation.
Chun was ordered to pay back 220.5 billion won ($203 million) that he had collected from businessmen, but returned only a portion, arguing he's broke, and still owes about 167 billion won.
His eldest son Chun Jae-kook said Tuesday that his family members will hand over real estate, paintings and other assets to the government to pay back the remaining money.
"I lower my head and offer an apology to the people on behalf of my family" over the money, the son said in a televised news conference before entering a Seoul prosecution office to explain the plans.