Cash-for-summit scandal

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Cash-for-summit is the name of a political scandal that broke in South Korea in February 2003 and revolved around the secret payment by the Kim Dae-jung administration to North Korea of 500,000,000 dollars to secure the landmark June 2000 North–South summit between the two Koreas.

The payment, worth 500,000,000 dollars, was criticized by right wing groups of South Korea in particular. Some of them claimed that Kim Dae-jung had "bought" his 2000 Nobel Peace Prize that he received following the diplomatically successful summit. According to Andrei Lankov, these accusations have a "kernel of truth", since Kim was known for never missing an opportunity to promote his lifelong political career.[1]

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References[edit]

  1. ^ Lankov, Andrei (2015). The Real North Korea: Life and Politics in the Failed Stalinist Utopia. Oxford: Oxford University Press. p. 198. ISBN 978-0-19-939003-8. 

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