SEOUL, South Korea (AP) _ Former President Kim Young-sam is expected to issue an apology for mishandling South Korea's economy and forcing the country to receive an international bailout in 1997, aides said Monday.

Kim is one of several dozen former government officials, bankers and businessmen ordered to testify before a parliamentary committee investigating the causes of South Korea's economic crisis.

But Kim, 74, went hiking on Monday, the day he was ordered to testify. The parliamentary committee threatened to file charges against him. If convicted, he can face a prison term of up to one year.

Kim has already publicly apologized twice for mishandling the economy during his five-year term. He has refused to testify at the parliamentary hearing, claiming it is intended to defame him.

South Korea went to the International Monetary Fund to bail out its sinking economy in late 1997, less than three months before Kim was to leave office.

The tone of a news conference Tuesday by Kim is expected to be apologetic, said one aide, speaking on condition of anonymity. But Kim will deny allegations that he had received millions of dollars in illegal political funds to finance his 1992 presidential campaign, they said.

Kim reportedly is upset by a statement by a convicted industrialist at the parliamentary hearing last week that he had given the former president $12.5 million in illegal campaign funds in 1992.

The month-long parliamentary hearing is being conducted only by ruling party legislators. The opposition has boycotted, saying the hearing is politically motivated.