A bail hearing for Hyundai Motor Group Chairman Chung Mong-koo is set for June 1 in the Seoul Central District Court. Chung has been held in solitary confinement since his April 28 indictment on embezzlement and breach of trust charges. Analysts say it would have been unseemly to hold the hearing before South Korea’s recent provincial and local elections. Chung’s lawyers are seeking his release from prison due to his alleged poor health and the negative impact they claim his ...
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