President-elect cleared of fraud
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From Times Wire Reports
An independent counsel today cleared President-elect Lee Myung-bak of financial fraud allegations that had clouded his rise to South Korea’s highest office.
Lee had been suspected of collusion in a 2001 stock price manipulation case, a controversy that plagued him throughout last year’s campaign. Lee had strongly denied the allegations, and state prosecutors already had acquitted him weeks before the election. But rival politicians pushed for the special inquiry.
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