S.Korea finds ex-KAMCO chief guilty over Hyundai

Newswire

SEOUL, Jan 29 (Reuters) - A South Korean court on Monday found a former head of a state-run agency and seven others guilty of bribery charges linked to Hyundai Motor Co. , while acquitting the chief of a local private equity fund. The ruling came a week ahead of a court verdict on Hyundai Motor Chairman Chung Mong-koo planned for Feb. 5, on allegations of raising slush funds via the company and affiliates to pay for political favours. Prosecutors last year indicted Yon Won Young, former ...

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