Tycoon backs charges against ousted SKorea president

SEOUL: A top South Korean business tycoon on Thursday in court backed prosecutors allegations that the ousted South Korean president Park Geun-Hye solicited bribes from businesses in return for policy favors.

Chey Tae-Won, chairman of SK, the country’s second largest conglomerate after Samsung, became the first business mogul who took the stand at what is being dubbed in South Korea “the trial of the century.”