Another Hyundai Automotive Group executive has been sentenced for his role in creating a multi-million dollar slush fund to bribe public officials. Lee Ku-eun, Glovis Co. president, has received an 18-month suspended sentence. Glovis is the group’s in-house transportation and logistics arm jointly owned by Hyundai Chairman Chung Mong-koo and his son, Chung Eui-sun, president and CEO of both Kia Motors Corp. and supplier Hyundai Mobis. “I have the same view as found in the ruling ...

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