Bank of Korea chief pledges wealth to education

The governor of the Bank of Korea, Park Seung, said this week that he is willing to donate his personal wealth to help the nation's education when he dies.

In a meeting of 40 middle and high school teachers at the central bank, Park, 69, said the haves and large conglomerates must give back to society.

"When I pass away, I will offer most of my riches," he said. His assets are estimated at 4.5 billion won ($4.4 million).

In a speech to the teachers, Park said parents must be induced to reduce their

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