Seoul prosecutors are intensifying their Hyundai Motor Group slush-fund probe with the re-arrest of Park Sang-bae, former vice governor of the state-run Korea Development Bank, and Lee Seong-bang, president of the bank’s subsidiary KDB Development. The two are suspected of accepting bribes from Hyundai Motor Group affiliates totaling 1.5 billion won ($1.6 million). South Korea media reports say about 1.4 billion won ($1.48 million) went to Park. In return, Park and Lee allegedly ...
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