Politics

Former South Korean dictator's family forfeits $1 million to US

In file photo, former South Korean President Chun Doo-hwan is arrested by prosecution authorities at a relative's house in Hapchon, Korea and was then taken to Seoul's Anyang prison to be held on charges of leading a 1979 military coup. Federal prosecutors say Doo-hwan's relatives have agreed to forfeit more than $1 million linked to bribes he was paid during his term.
In file photo, former South Korean President Chun Doo-hwan is arrested by prosecution authorities at a relative's house in Hapchon, Korea and was then taken to Seoul's Anyang prison to be held on charges of leading a 1979 military coup. Federal prosecutors say Doo-hwan's relatives have agreed to forfeit more than $1 million linked to bribes he was paid during his term.
KIM JAE HWAN/AFP/Getty Images

Federal prosecutors say relatives of South Korea's corrupt former dictator have agreed to forfeit more than $1 million linked to bribes he was paid.

The Department of Justice on Wednesday said the money was laundered in the U.S. by relatives of ex-President Chun Doo-hwan.

Chun was convicted of corruption, mutiny and treason in Korea and sentenced to death. He was later pardoned and ordered to pay back more than $200 million in bribes but said he was broke.

A Justice Department spokesman says the settlement money comes from a house the family sold in Newport Beach, California, and an investment they made in Pennsylvania.

Prosecutors will recommend returning the money to South Korea.

A lawyer for the Chun family wouldn't comment on the settlement.