Lee Myung Bak

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Lee Myung Bak

(lē myŭng bäk), 1941–, South Korean business executive and politician, president of South Korea (2008–13), b. Osaka, Japan. He began his business career with Hyundai Construction in 1965, becoming the chief executive officer of the company in 1977. By the time he left the Hyundai Group in 1992 he had been CEO of eight Hyundai businesses and earned the nickname "The Bulldozer" for the drive with which he managed difficult projects. In 1992 he entered politics and was elected to the National Assembly, serving until 1998, when he resigned in the wake of charges of excessive campaign spending. Active in the conservative Grand National party, he founded electronic financial services companies after 1999 and later was mayor of Seoul (2002–6). A candidate for South Korean president in 2007, he handily defeated his opponents, becoming the first conservative candidate to win in a decade. His victory, however, was marred by an investigation into accusations of fraud associated with an investment firm he founded, but he was subsequently cleared. Lee adopted a harder line with North Korea than his immediate predecessors, and his presidency was marked by difficult relations with the North. In 2018 he was convicted of having received bribes while president and other charges.
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SEOUL: A Seoul court on Friday jailed former South Korean President Lee Myung-bak for 15 years for corruption, making him the latest in a string of high-profile political and business leaders ensnared by graft charges.
The Lee Myung-bak Lounge was established in 2003 when he was mayor of Seoul.
Former South Korean President Lee Myung-bak was arrested on corruption charges late Thursday night, a Seoul court ruled.
A grim-faced Lee Myung-Bak was driven away from his home in southern Seoul for a detention facility late Thursday, becoming the fourth former South Korean president to be arrested on corruption charges.
Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC), received at his office Lee Myung-bak, former president of Korea and an accompanying delegation.
Fahhad bin Muatad Alhamad, former President of South Korea Lee Myung-bak, a number of officials of government agencies and national companies and institutions, as well as a number of businessmen from Turkey, Malaysia and South Korea.
Muscat: Lee Myung-bak, former president of the Republic of Korea, has commended the comprehensive and sustainable development in the Sultanate under the wise leadership of His Majesty Sultan Qaboos bin Said in all economic, social and cultural spheres.
Muscat, Mar 18 (ONA) Sayyid Fahd bin Mahmoud al-Said, Deputy Prime Minister for the Council of Ministers received in his Office here today Lee Myung-bak, former President of the Republic of South Korea who is currently visiting the Sultanate as a guest of honour at the 4th edition of Oman Economic Forum.
He also referred to the visit paid by the Abu Dhabi Crown Prince and the former Korean President Lee Myung-bak to Barakah site for construction of power plants, being part of the civil nuclear programme.
7 -- (BNA) South Korean President Lee Myung-bak called today for synergy and cooperartion between the government and private sectors in his country so as to surmount the global fiscal crunch.
Addressing a luncheon hosted by South Korean counterpart Lee Myung-Bak after an official welcome on his arrival at the Cheong Wa dae - Office of the President, President Zardari said Pakistan is an attractive country for investors and traders, adding his country wants to learn from the host country's experiences.