SEOUL – Hyundai Motor Co. Ltd. Chairman and CEO Chung Mong-koo returned to South Korea Saturday after spending the week at an undisclosed location in the U.S. Hyundai Motor and its Kia Motors Corp. subsidiary are under investigation by the Seoul Supreme Public Prosecutor’s office on suspicion of illegally forming slush funds possibly used to bribe public officials in various merger and construction programs. Since last month, prosecutors have raided the auto makers’ offices as well as ...
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