Thursday, April 27, 2006

Selected News Feeds - Hyundai Chairman Chung Faces Embezzlement Charges Over Bribery Slush Fund

Apr. 26 (Bloomberg) -- Hyundai Motor Co. Chairman Chung Mong Koo is facing embezzlement charges in connection with a 100 billion won ($106 million) slush fund used to bribe lawmakers and misappropriating corporate money, prosecutors said.

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