S.Korea demands 6-year jail term for Hyundai head

Newswire

SEOUL, May 20 (Reuters) - South Korea's prosecutors on Tuesday demanded a six-year jail term for Chung Mong-koo, the chairman of Hyundai Motor Group , the world's sixth-largest auto maker for fraud and embezzlement. Last month, the country's Supreme Court overturned a suspended three-year jail sentence, saying some of an appeal court's orders were unlawful, sending it back to a lower court for review. In September, Seoul High Court ordered Chung to pay an 840 billion won ($809.4 million) ...

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