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Tuesday, April 01, 2008

 

South Korea president vows
to give salary to underprivileged

 
SEOUL: South Korean President Lee Myung Bak has promised to donate his entire salary to underprivileged people during his five-year term, aides said Monday.

The offer came during Lee’s unscheduled meeting Sunday with reporters at the pressroom of the presidential office, aides said.

Lee had donated his salary to the children of cleaners and firefighters for four years while serving as Seoul mayor from 2002 to 2006.

“I have promised to spend my salary earned as a public official on public welfare,” he said.

Lee received about 16.5 million won ($16,663) in his first presidential monthly salary check on March 10 but told reporters he was unsure of the exact sum.

Lee also promised to donate the vast bulk of his personal wealth of over 30 billion won, excluding a retirement house in Seoul, to the underprivileged.

“His pledge to donate his entire wealth has not yet been implemented but we believe he will keep his promise,” a presidential official told Agence France-Presse.

The former construction executive was the richest candidate in December’s election with declared assets of 35.3 billion won ($35.6 million).

Lee, 66, experienced severe childhood poverty and worked part-time at manual jobs to put him through school and university. He is known to lead a frugal lifestyle.
-- AFP

   

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