PEACE CUP FOOTBALL CHAMPIONSHIP BEGINS IN KOREA
Chung Mong Joon, president of the Korea Football Association, speaks his congratulatory address at the opening ceremony of the 2005 Peace Cup Korea at the Seoul World Cup Stadium, South Korea, on July 15, 2005. (UPI Photo/Keizo Mori)
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SEOUL, Feb. 5 (UPI) -- Hyundai's auto chairman was sentenced to three years in prison Monday for embezzling $96 million and causing a $224 million loss to auto affiliates.
SEOUL, May 16 (UPI) -- South Korea's Hyundai Motor Co., whose chairman has been arrested, is indefinitely postponing construction of a car factory in the Czech Republic.
SEOUL, May 15 (UPI) -- South Korean prosecutors plan to indict the scandal-plagued head of Hyundai Motor Co.
SEOUL, April 28 (UPI) -- South Korean authorities Friday arrested Hyundai Motor Co. Chairman Chung Mong Koo on charges of embezzlement and breach of trust.
SEOUL, April 21 (UPI) -- The chairman of South Korea's Hyundai Automotive Group has been summoned to appear before prosecutors for questioning.
SEOUL, April 20 (UPI) -- South Korean carmaker Hyundai has apologized for a slush fund scandal, and its chairman and his son will donate $1.06 billion worth of shares in atonement. Chung Mong-koo, chairman of the Hyundai Kia Automotive Group, and his son Eui-sun, president of Kia
SEOUL, April 19 (UPI) -- The father-and-son team that run South Korea's Hyundai Automotive Group are giving $1 billion to national charities as amends for a scandal.