Donations for Ferry Victims Surpass W100 Billion

      June 11, 2014 11:24

      Donations to help the families of the ferry victims and build the country's safety infrastructure have reached W101.6 billion, the Community Chest of Korea said Tuesday (US$1=W1,017).

      The amount is a record, exceeding even the W66.1 billion collected under massive official pressure to build a "peace dam" during the Chun Doo-hwan dictatorship in 1987.

      After the Navy corvette Cheonan was sunk by North Korea in 2010, donations totaled W39.5 billion.

      Some 43 conglomerates and business lobbies donated a combined W90.3 billion, more than three times the W24.6 billion donated by 1,394 companies when the Cheonan sank.

      And 24,805 private citizens donated W11.3 billion, but that pales against the 529,139 who chipped in for the victims of the Cheonan sinking.

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