Hyundai-Kia Automotive Group Chairman Chung Mong-koo is pardoned by South Korea President Lee Myung-bak, and his 3-year suspended sentence for embezzlement and breach of fiduciary trust has been expunged. Also pardoned is Kim Dong-jin, vice-chairman of Hyundai Motor Co. Ltd., who had been given a 2-year suspended sentence after being convicted on the same charges. It is the second presidential pardon for Kim, who also was given a 2-year suspended sentence in 2003 for illegally ...
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