27
"After speaking about the necessity for God's children to surpass every
standard in the satanic world, which of course necessitates a solid financial
foundation, Father
326
talked about Family businesses in Korea: Tong-Il Industries (machinery), the
titanium plant, and the ginseng tea factory. He described, significant expansion
of the titanium plant (titanium is a metallic element used in alloys such as steel
and in paints and other coatings), and he talked about the uncommon abilities of
the Tong-Il engineers to design and produce reliable and sophisticated
machinery enabling the company to win many defense contracts from the Korean
government. He said the field we will enter next is that of electronics." (294)
In Korea, the most important Moon businesses were Tong Il Industries Co., Il
Hwa Pharmaceutical Co., Il Shin Stoneworks, and Hankook Titanium Industrial
Co. The Korean businesses had affiliates and export outlets in other countries,
particularly Japan, where Tong I1 Industries was run under the name of Toitsu
Sangyo.
The subcommittee did not obtain detailed financial and production data about
the Moon industries in Japan and Korea, and Moon Organization spokesmen
have been reticent in disclosing details. In a 1976 Newsweek interview, for
example, while Moon acknowledged that his Korean industries had defense
contracts with the Korean Government, he would not disclose what armaments
were being produced on grounds that the information was classified. (295)
Pak
Bo Hi, in testimony before the subcommittee, acknowledged that Tong I1 made
"sophisticated military instruments,'' but said he did not know which particular
instruments, although he was certain Tong Il did not have anything to do with the
production of M-16's. (296)
Data compiled by the U.S. Department of State in 1976 showed the following
about the principal Moon business in Korea: (297)
(1) Tong Il Industries Co.
Tong I1 is the only one of Moon's industries designated by the ROK as a
defense contractor. It manufactures air rifles, lathes, milling machines, boilers,
and parts for the M-79 grenade launcher and the vulcan gun. (298)
Tong Il's
main stockholders were:
Percent
Unification Church ......................................................................
53
Kim In Chul (former president of Tong Il) .................................... 36
Moon Sung Kyun (president as of 1978) ..................................... 4
Boek Ku Sub (executive director)......... ...................................... .006
The remainder of the stock was held in small amounts by 100 persons.
The report stated that Tong Il's 1975 sales were $4 million, with $488,000 in