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IOC Suspends Korean Executive Board Member

update

The International Olympic Committee's Executive Board has suspended South Korean Park Yong-sung, pending the final outcome of his corruption case.

Park, the former chairman of South Korea's Doosan Industrial Group, was convicted last month of embezzling millions of dollars in a feud over control of the conglomerate.

The executive board decided to deprive Park of all the rights, prerogatives and functions deriving from his IOC membership until the ethics inquiry is finished.

The IOC ethics commission will wait for a final verdict should Park appeal the suspension. The South Korean, who is president of the International Judo Federation, could be expelled from the IOC, but that would require a two-thirds vote by IOC membership. The next IOC general assembly meeting is not until next year.

The 65-year-old Park was given a three-year suspended sentence and fined $8.3 million in the corruption case. His three brothers also were convicted in the case.

Some information for this report was provided by AP.
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