World|politics|March 23, 2018 / 11:41 AM
Former South Korean President Lee Myung-bak arrested on corruption charges

AKIPRESS.COM - Former South Korean President Lee Myung-bak was arrested on corruption charges late Thursday night, a Seoul court ruled.

Lee is accused of charges that include bribery, embezzlement, tax evasion and abuse of power, Yonhap news agency reported.

Lee, 76, who was president from 2008 to early 2013, has been the focus of a prosecution probe for five months.

He allegedly took more than 11 billion won (US$10.2 million) in bribes from the state spy agency and businesses. He is also suspected of embezzling about 35 billion won from a company that he is said to secretly own.

If convicted on all charges, he could face up to 45 years in prison.

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