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 ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.