A South Korean court sentences a former government official to six years in prison for receiving bribes related to Hyundai Motor Co. Ltd. Six other officials also are found guilty of bribery but given lesser jail terms. Park Sang-bae, former head of the state-operated Korea Development Bank, receives a 6-year jail sentence for accepting bribes of 1.5 million won ($154,000) to assist in writing down debts of two companies acquired by Hyundai Automotive Group. Prosecutors are seeking a ...
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