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No ‘Smoking Gun’ Uncovered at South Korean Presidential Scandal Hearing

The powerful heads of South Korea’s top conglomerates on Tuesday denied they were buying influence or preferential treatment by donating millions of dollars to the two foundations that are at the center of President Park Geun-hye’s sudden political collapse. Lee Seung-chul, the Vice President of the Federation of Korea Industries said the Park Blue House did not make explicit threats nor enticements when asking for donations, but cooperation was expected. “At that time, it was...

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