Hyundai-Kia Automotive Group Chairman Chung Mong-koo could see a suspended sentence for embezzlement and breach of fiduciary trust pardoned if an application now before South Korea President Lee Myung-bak is approved. Chung’s name is among several on a petition for amnesty, sources tell Ward’s. The Hyundai chief was spared a jail sentence last month by the Seoul High Court, which upheld his 3-year suspended sentence but ruled he must perform community service and donate 840 billion won ...
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