"His pledge to donate his entire wealth has not yet been implemented but we believe he will keep his promise," a presidential official told Agence France-Presse.
South Korean President Lee Myung-Bak has promised to donate his entire salary to underprivileged people during his five-year term.
The offer came during Lee's unscheduled meeting Sunday with reporters at the pressroom of the presidential office, aides said.
Lee had donated his salary to the children of cleaners and firefighters for four years while serving as Seoul mayor from 2002-2006.
The former construction executive was the richest candidate in last December's election with declared assets of 35.3 billion won (35.3 million usd).
Lee received about 16.5 million won (16,000 usd) in his first presidential monthly salary check on March 10 but told reporters he was unsure of the exact sum.
"I have promised to spend my salary earned as a public official on public welfare. Donating my salary as president is an extension of my promise," he said.
During his election campaign, Lee Myung-Bak promised to donate the vast bulk of his personal wealth of over 30 billion won, excluding a retirement house in Seoul, to the underprivileged.
Lee, 66, experienced severe childhood poverty and worked part-time at manual jobs to put himself through school and university.
He is known to lead a frugal lifestyle and has replaced luxury cabinet room chairs with utility furniture.
source-asianoffbeat


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"His pledge to donate his entire wealth has not yet been implemented but we believe he will keep his promise," a presidential official told Agence France-Presse.
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