NEW YORK – A South Korean businessman accused of accepting millions of dollars from Iraq in the U.N. Oil-for-Food scandal was indicted Monday in federal court in Manhattan.
Tongsun Park was added to an indictment that already charged six other people and five oil trading companies with conspiracy to commit wire fraud and to engage in prohibited financial transactions with Iraq.
Prosecutors say Park, a South Korean citizen, agreed in October 1992 to work on behalf of the Iraqi government. The indictment said Park accepted millions of dollars from the Iraqi government while he operated in the United States as an unregistered agent for Iraq's Oil-for-Food program.
Park, 70, remains held without bail. He is scheduled for a bail hearing and an arraignment on Thursday. The Oil-for-Food program ran from 1996 to 2003 to help Iraqis cope with U.N. sanctions imposed after Saddam Hussein's 1990 invasion of Kuwait.
In the 1970s, Park was at the center of what became known as the Koreagate scandal, in which he was accused of trying to buy influence in Congress. Park was indicted in that case, but the charges later were dropped.
A lawyer for Park, Jamie Gardner, did not immediately return a telephone message for comment Monday.