Thirty years ago today, on October 27, 1995 (September 4, 1995 lunar calendar), Roh Tae-woo admitted to illegally seizing 500 billion during his rule. At 11 am on October 27, 1995, Roh Tae-woo, the former president of South Korea, admitted to illegally seizing 500 billion secret Korean won (about $625 million) during his five years in power during a press conference held at his private house in Yeonhee-dong. It is said that this fund is a "grant" from large enterprises, mainly used for political party funds, and there is still 170 billion yuan left. The whole country is deeply shocked by this. People demand that the truth must be found out and severely punished according to law. Many people said angrily that when Roh Tae-woo came to power, he swore in front of the people that he would never use his power for personal gain, and now he has seen his true colors clearly, which is a fool to the whole people. Roh Tae-woo's hasty apology statement was made when President Kim Young-sam said that he must investigate the truth and the police have a lot of evidence. On October 19, when Democratic Party lawmaker Park Kai-dong held a plenary session of the National Assembly, he exposed Roh Tae-woo's bills deposited in the bank under a false name at the West Gate Branch of Shinhan Bank. "Roh Tae-woo used his power to illegally embezzle about 400 billion yuan of secret funds during his rule. After the Kim Young-sam government implemented the financial real-name system, Roh Tae-woo laundered money through illegal means, stealing the huge amount of money and depositing it in more than 20 banks under other people's names. "Park Qidong's revelation caused a great shock to the National Assembly and caused an uproar across the country. State Prime Minister Li Hong-jeou immediately said that the matter must be investigated; after receiving the report, President Kim Young-sam, who was visiting abroad, instructed the Korean Grand Police Agency to immediately launch an investigation. On the 23rd, Lee Hyun-woo, the head of the police office of former President Roh Tae-woo, was summoned by the police. He confirmed that 30 billion huge amount of money that Roh Tae-woo deposited in the West Little Gate Branch of Shinhan Bank was part of Roh Tae-woo's" small vault ". He was On the 24th, Lee Tae-jin, who managed the finances of Roh Tae-woo's former presidential palace, was investigated by the police again. Lee Tae-jin was also the main "steward" of Roh Tae-woo's secret funds. After the investigation of the two core figures, the case made rapid progress. At this time, President Kim Young-sam once again instructed that there should be no restricted areas and that it must be investigated to the end. On the 25th, the police found out the whereabouts of more than 50 billion yuan in secret funds in other banks; on the 26th, the victory was further expanded. It has been found that Roh Tae-woo deposited a huge amount of secret funds in the bank through illegal means such as money laundering. Roh Tae-woo's huge secret funds were exposed in broad daylight.