P4Z-0hy22ZRyqh5IUeLwjcY3L_M

P4Z-0hy22ZRyqh5IUeLwjcY3L_M
MEAN STREETS MEDIA

Sunday, January 22, 2017

Washington Asks Seoul to Arrest Ban Ki-moon’s Younger Brother



SEOUL – The United States has asked South Korea to arrest the brother of former Secretary-General of the United Nations, sources from Seoul’s justice ministry revealed on Saturday.

Washington asked Seoul to arrest Ban Ki-sang, younger sibling of ex-UN chief Ban Ki-moon, after the US Attorney General’s Office indicted him last week for the attempted bribery of an official from the Middle East in connection with a real estate deal.

South Korea’s justice ministry has begun to process the request and examine applicable laws, a senior Seoul official told news agency Yonhap.

Ban’s brother, an executive in the South Korean firm Keangnam, was reportedly entrusted by the company with selling a highrise building in Vietnam, Landmark 72, for $800 million.

He reportedly hired his son (and Ban’s nephew) Joo Hyun Bahn, a broker in New York, to secure the deal.

The US attorney general’s office claims that, through an intermediary, the father-son duo agreed to a $2.5 million bribe (of which they advanced around $500,000), for the official responsible for acquiring the property through a sovereign wealth fund.

While Bahn was arrested last week in New Jersey, Ban Ki-sang is considered a fugitive by authorities. He faces a variety of charges that could carry lengthy prison sentences.

Through a statement by his spokesperson, Ban Ki-moon declared he had no knowledge of the case and hoped the procedures would be “carried out strictly and transparently” to address any concerns.

The case could pose a serious threat to the older Ban’s political aspirations, particularly after he has stepped up public activities in recent weeks as part of what is perceived as a preliminary election campaign before he announces his candidature for the country’s top post.

However, Ban is yet to confirm if he will contest the election, at a time the country is in the throes of a major corruption scandal that led the Parliament to impeach President Park Geun-hye late last year.

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