Hyundai Chief Gets Suspended Sentence for Embezzlement
Hyundai Motor Group chief, Chung Mong-koo, will avoid going to jail despite being found guilty of embezzlement in his native South Korea.
Fueling the fire (some might say "validating") of a debate surrounding alleged special treatment given to high ranking members of South Korea’s family run conglomerates, the presiding judge of the Seoul High Court called Chung a “symbol of Hyundai Motor and our country.
Comments
Pocky Is God
I know it's not my country, but that is messed up. You don't get punished if you are of a certain family?
smokeydog001
I guess he'll just take the $895 million and become a bag man for Hillary.
M. Dillon
Well,damn'. I was so looking forward to Mr. Mong-koo joining the prison cast of,"Thriller".
frank
Excuse me,
This verdict was issued in Korea
The 895 million is in Korean Won
That translates to about $600,000 USD
This is chump change to this man
ryan
if it's in korean won, why does it have an american dollar sign in front of it?
Ducati Minor
Bad reporting?
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