President Roh Earns 20 Million Won From Fund Investments

Ruling party lawmakers earned more than a 60 percent annual return on their investments in installment-type funds.

Fourteen lawmakers of “Sae-mo-saek,” a group of lawmakers who participated in student movements in the 1980s, have operated 45,735,000 won in installment-type funds since November 2004 and have gained profits of 15,380,000 won, according to lawmaker Song Young-gil who is a member of Sae-mo-saek.

Sae-mo-saek donated six million won of the profits to the Community Chest of Korea.

According to Song, President Roh Moo-hyun also made more than 20 million won in profits after he invested 80 million won in installment-type funds last July.

taewon_ha@donga.com