President’s Brother-in-Law Dies at 61

Kim Jae-jeong, a brother-in-law of President Lee Myung-bak, died Sunday after a long battle with heart disease, Cheong Wa Dae said. He was 61.

Kim had been treated for cardiac infarction after suffering from diabetes and renal insufficiency since January last year. He died at around 7:15 a.m. at Seoul National University Hospital.

Kim, the younger brother of first lady Kim Yoon-ok, came into the spotlight during the 2007 presidential campaign when he was suspected of having managed Lee's property via an alias bank account. He was an auditor and the largest shareholder of automobile parts manufacturer DAS.

After Lee was elected, the independent counsel opened an investigation into the case based on parliamentary approval, but Kim was cleared of the allegation.

jj@koreatimes.co.kr

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