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Thursday, 4 July, 2002, 13:01 GMT 14:01 UK
US army colonel charged with bribery
US dollars
A US Army colonel and his wife have been charged in an alleged bribery scheme involving South Korean businesses which were seeking US Government contracts.

Colonel Richard James Moran is alleged to have received thousands of dollars in bribe money from two South Korean companies.

The two firms were eventually awarded millions of dollars in contracts, which included the construction of military barracks at US bases.

Army investigators found more than $700,000 in $100 notes hidden in the Moran home at Yongsan Army Base, according to the indictment, which was filed in California.

"They did it the old fashioned way. They hid it, most of it, under their mattress," said Assistant US Attorney Tom McConville.

Mr Moran and his wife Gina were arrested in South Korea.

They are due in court on Friday on multiple charges of bribery, money laundering and conspiracy, Mr McConville said.

Three civilians have also been charged.

Mr Moran was responsible for approving more than $300 million annually in government contracts.

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