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S Korean court issues arrest warrant for ex-Prez Lee

Seoul: A South Korean court on Thursday approved an arrest warrant for ex-President Lee Myung-bak over a range of corruption allegations, making him the latest in a series of leaders embroiled in scandals and other problems after leaving office.
The decision by the Seoul Central District Court means prosecutors can immediately detain Lee for up to 20 days before formally charging him. Prosecution officials are expected to visit Lee's Seoul residence soon to move him to a detention center. Prosecutors accuse Lee of taking a total of 11 billion won (USD 10 million) in bribes from his own intelligence agency, business groups and others. They allege he also used a private company as a channel to establish illicit slush funds totaling 35 billion won (USD 33 million), embezzled its official funds and evaded taxes.
Lee's arrest comes about one year after his conservative successor, Park Geun-hye, was ousted from office and put into jail over a separate corruption scandal that touched off months of massive street protests. Prosecutors have requested a 30-year prison term for Park, and the Seoul court is to issue a ruling on her on April 6.
High-profile corruption scandals often take place in South Korea, Asia's fourth largest economy, which achieved a genuine liberal democracy in the late 1980s following decades of military-backed dictatorships. President after president strengthened anti-graft drives, but saw themselves, families or key aides entangled in bribery scandals at the close of their terms or after leaving office.
Lee has denied most of the allegations against him. He accuses the current liberal government of President Moon Jae-in of trying to retaliate over the 2009 death of Moon's friend, liberal ex-President Roh Moo-hyun, who leapt to his death during a corruption investigation of his family. Lee's accusation prompted fury from Moon, who called it a challenge to the country's judicial order. Moon previously called the Roh investigation political revenge by the Lee government. Moon served as Roh's chief of staff. Agencies
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