Tuesday, February 06, 2007
Hyundai head given 3-years jail for embezzlement
HYUNDAI CHAIRMAN, Chung Mong-koo, has been found guilty of embezzlement and other charges and sentenced to three years in jail.
Chung was charged with embezzling WON 69.3bn in order to bribe politicians and officials. He was also accused of causing WON 210bn in losses to the company.
DATED: 06.02.07
FEED: AW
Chung was charged with embezzling WON 69.3bn in order to bribe politicians and officials. He was also accused of causing WON 210bn in losses to the company.
DATED: 06.02.07
FEED: AW
