国际英语新闻：S.Korean prosecutor clears Lee Myung-bak in corruption probe

SEOUL -- South Korean special prosecutor on Thursday cleared President-elect Lee Myung-bak in corruption investigation, according to official media.

Chung Ho-young, the special prosecutor appointed by outgoing President Roh Moo-hyun, announced the result after a 40-day probe, Yonhap news agency said.

"The president-elect was not involved in the stock price manipulation," Chung Ho-young said, adding "we verified that Kim Gyeong-Jun was independently involved in stock manipulation using a paper company."

Lee Myung-bak strongly denied an involvement in the scandal for which his former business partner Kim Gyeong-Jun is on trial.

Lee is to take office on next Monday.

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