The Democratic National Committee has returned a $250,000 contribution from a recently established subsidiary of a South Korean electronics company because it violated a ban on donations from foreign nationals in U.S. elections, a party spokesman said Friday.
The incident could be politically embarrassing because party officials invited John H.K. Lee, chairman of both Cheong Am America Inc. and its South Korean parent company, to a Democratic fund-raiser in April, where he met President Clinton after he pledged to make the substantial contribution that turned out to be illegal.
[David] Eichenbaum said that the DNC fund-raiser who was responsible for the contribution was under the impression, erroneously as it turned out, that it fulfilled the legal qualifications. He said it was unclear whether the fund-raiser was misled or there had been a misunderstanding.