An opposition lawmaker was summoned by the prosecution Wednesday for questioning over allegedly accepting bribes.

Rep. Park Ki-choon of the New Politics Alliance for Democracy is suspected of receiving money and valuables such as luxury watches and bags worth some hundreds of millions of won from the head of a distribution agency, only known by his surname Kim.

Kim was indicted for embezzling 4.5 billion won ($3.86 million) in company funds earlier this month.

Prosecutors of the Seoul Central District Prosecutor's Office said they are investigating whether Park helped Kim's business in exchange.

The 59-year-old Park served in key positions on the parliamentary Land, Transport and Maritime Affairs Committee, where legislation on the construction industry is dealt with, during the 18th and the current 19th National Assembly, putting him in a favorable position to help Kim.

"It's my negligence not to have properly managed myself. I won't make any excuses on that," Park told reporters before entering the prosecutors' office in southern Seoul, adding he will sincerely respond to prosecutors' questions.

According to prosecutors, Park has submitted a letter admitting he received money and gifts from Kim, but specifics on the amount and purpose differ.

Prosecutors said they will charge Park with bribery, not for violating the Political Fund Law, if they confirm Park helped Kim in exchange for the money and gifts.

Park also allegedly tried to destroy evidence by returning the goods to Kim as prosecutors launched the investigation. (Yonhap)