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83
according to Pak's testimony. Initially he said this fund was begun around 1971
as a result of Moon's order to start a "family assistance program" for elder church
members.
586
Pak delegated responsibility for it to Mitsuharu Ishii in Tokyo.
According to Pak, only he, Ishii, and Shimba (Ishii's assistant) had any control
over the fund, and, so far as he knew, no one else was aware of its existence:
"It was formally founded in 1971 and assigned to a program officer of our
church for the responsibility, and it was named the Unification Church Pension
Fund International. Over a period of years, from around 1971 to 1975, it
accumulated enough funds so that we were able to consider establishing a good
program." ( 587)
When questioned, Pak was unable to provide much detail. He said the fund
"generally" was maintained in New York, where it was founded "generally" in
1971, but that later it was moved to Japan. He backed off the statement that the
fund was "formally founded" by saying it was started "informally and very
loosely," and that
"* * * there was not any legal paper drawn up or any formal kind of meeting or
registration kind--it is not founded as a legal entity at all."
588
Pak further testified that he did not know exactly where the fund was kept
from 1971 to 1975, whether the fund was ever kept in a bank, how much money
was in it, or what happened to it:
Mr. FRASER [chairman of the subcommittee]. "I am having difficulty
understanding. You say this [the fund] started informally and loosely; that you
gave Mr. Ishii direction to start the fund. You don't seem to know anything about
the fund thereafter."
Mr. PAK. "No, sir." (589)
Pak testified that the pension fund was built up over a long period of time from
contributions of UC members traveling into the United States. He himself had
never contributed to it, did not know of anyone who had, and never actually saw
the fund until cash was delivered to him for the DNB stock purchases. Pak was
also uncertain how the fund got its name:
Mr. FRASER. "What is the name of the fund, Colonel?"
Mr. PAK. "If I define that fund, I define as I told you already: Unification
Church Pension Fund International."
Mr. FRASER. "When did that name get attached to it?"
Mr. PAK. "I have no memory, no recollection. I don't have any idea."
590
Pak also had no idea whether there were any written records on the fund.
Despite his asserted lack of knowledge, Pak gave the subcommittee prepared
statements which were widely circulated in Moon Organization public relations
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