Hyundai Motor’s Chung Ordered to Pay 70 Billion Won to Carmaker
Hyundai Motor Co. Chairman Chung Mong Koo was ordered to pay 70 billion won ($60 million) to the carmaker following his 2008 conviction for breach of duty. The Seoul Central District Court also today ordered Kim Dong Jin, the carmaker’s former vice chairman, to pay 55 billion won to the company, court spokesman Kim Seong Soo said by phone.
Source: Hyundai Motor’s Chung Ordered to Pay 70 Billion Won to Carmaker
Source: Hyundai Motor’s Chung Ordered to Pay 70 Billion Won to Carmaker
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