Park said to prefer resigning on own terms
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South Korean President Park Geun-hye reportedly is willing to accept an impeachment outcome. Yonhap Via Reuters |
Also on Tuesday, eight corporate chiefs told a parliamentary panel that they were not seeking favors when they made contributions to two foundations at the heart of a scandal that appears poised to bring down Park.
The bosses of conglomerates controlling revenue equivalent to more than half the country's economy were questioned about whether they were pressured by Park or a friend and aide to give money to nonprofit foundations in exchange for special treatment.
Samsung Group leader Jay Y. Lee said Park had asked him during one-on-one meetings for support for boosting cultural and sports-related developments but did not specifically request money.
Samsung donated 20.4 billion won ($17.45 million) to the two foundations.
