South Korea fund lacks money to compensate wartime labor victims: report

A South Korean government-backed foundation tasked with paying compensation to plaintiffs who won lawsuits over wartime labor during Japan's colonial rule of the Korean Peninsula is short some 12 billion won ($8.8 million) in paying damages to the plaintiffs, the foundation's chief said Monday.Shim Kyu Sun, director of the foundation, told JoongAng Ilbo, a South Korean newspaper, that he hopes the Japanese business sector will contribute to the group so it can pay damages to plaintiffs, including those who won their lawsuits recently.In March last year, the government of South Korean Presid…READ FULL ARTICLE