Prosecutor Orders Kia President to Stay Home

SEOUL – The Seoul Supreme Prosecutor’s Office slaps a travel ban on Kia Motors Corp. President Chung Eui-sun, following the departure of his father, Hyundai Motor Co. Ltd. Chairman and CEO Chung Mong-koo, for the U.S. just a few days earlier.

Hyundai, Kia and their logistics arm, Glovis Co., are embroiled in an ...

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