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	BBC NEWS \| Business \| Guilty Hyundai boss escapes jail
		Chung Mong-koo failed in his appeal to have February's guilty verdict overturned, but Seoul's high court said he should not have to go to jail.
		Chung has been on bail since the initial verdict and will now be free to return to work at the Korean carmaker.
		Chung appealed to be allowed to retain his freedom, saying that it would allow him to "contribute to the company and the national economy one last time".
	news.bbc.co.uk /2/hi/business/6981064.stm (355 words)

	BBC NEWS \| Business \| Hyundai's boss gets three years
		Chung Mong-koo, 68, was accused of amassing a multi-million dollar slush fund for personal use and to pay lobbyists and politicians.
		Chung's lawyers had argued that the chairman should be granted a suspended sentence because of the damage a jail term might mean to South Korea's economy.
		Chung looked grim as the verdict was read and later walked silently from the courtroom.
	news.bbc.co.uk /2/hi/business/6329173.stm (520 words)

	ABC News: Hyundai Chairman Chung Mong-Koo Arrested
		Chung appeared in court Friday for a hearing on a request by prosecutors to arrest him on suspicion of embezzling company funds, a court official said.
		Chung's arrest, announced by prosecution spokesman Kang Chan-woo, came late Friday, after the Seoul District Court issued a warrant.
		Prosecutors suspect Chung of embezzling company funds to create a slush fund and of causing damage to the company.
	abcnews.go.com /Business/wireStory?id=1901329 (231 words)

	FOXNews.com - Hyundai Chairman Chung Mong-koo Convicted of Embezzlement - Business And Money \| Business News \| ...
		But Judge Kim Dong-oh said the lesser sentence was justified because of Chung's "big contributions to the development of the country's economy" and noted his involvement in charity to atone for his actions.
		Chung had apologized for his actions and his lawyers argued he be given a suspended sentence — meaning he would not actually serve prison time unless involved in other crimes.
		Chung appeared tight-lipped and grim as the verdict was read and walked silently from the courtroom after the hearing ended.
	www.foxnews.com /story/0,2933,250262,00.html (880 words)

	The Korea Times : Chung Mong-koo Faces Arrest (Site not responding. Last check: )
		Chung Mong-koo, Hyundai Automotive Group chairman, leaves the Seoul Central District Court building in southern Seoul after judges questioned him to decide whether to issue an arrest warrant for him Friday.
		Hyundai Automotive Group chairman Chung Mong-koo was arrested on Friday's night on charges of embezzlement and breach of trust.
		But business leaders and policymakers expressed concerns the arrest of Chung could have a negative impact on the operation of the nation's largest carmaker, which would be left rudderless without its chairman.
	times.hankooki.com /lpage/nation/200604/kt2006042817280111950.htm (529 words)

	Chung Mong-koo re-elected to Hyundai board despite fraud conviction
		Chung Mong-koo — the Hyundai head who was given a suspended three-year jail sentence for fraud last year — is back on the South Korean automaker’s board as of Friday.
		Chung was re-elected thanks to strong support from Hyundai shareholders, but the country’s state pension fund strongly opposes the move.
		Chung has strong connections to Hyundai as he is the eldest living son of Chung Ju-young — the founder of the Hyundai Group and Hyundai Motors.
	www.leftlanenews.com /chung-mong-koo-re-elected-to-hyubdai-board-despite-fraud-conviction.html (481 words)

	Bloomberg.com: Top Worldwide
		Chung Mong Koo is in Hyundai Motor's headquarters in southern Seoul and unavailable to comment, Jang said.
		Chung Eui Sun is the third generation of the Chung family to be investigated by Korean authorities.
		In 1978, Chung Mong Koo and his father, the late Hyundai founder Chung Ju Yung, were questioned on allegations the group awarded purchasing rights on apartments to members of the media and government officials.
	www.bloomberg.com /apps/news?pid=10000087&sid=ac0ZYtmaY8Zw&refer=top_world_news (896 words)

	Hyundai Bribery Scandal Sends 7 to Prison
		This sentence was given a week before the company`s chairman, Chung Mong-koo, is scheduled to appear in court to be sentenced, following the court`s prior decision that found him guilty of embezzlement and breach of trust.
		The prosecution is asking the chairman Chung Mong-koo be sentenced to 6 years imprisonment, for the embezzlement of $106 million, used to bribe politicians and other figures.
		The prosecution also raised suspicions that Chung Mong-koo used the money to facilitate the illegal transfer of Hyundai`s management and assets to his son.
	www.echolist.com /business/2007/february/news236540.html (315 words)

	Asia Times Online :: Korea News and Korean Business and Economy, Pyongyang News
		The reason for this concern is Chung Mong-koo, accustomed to dominating his company meetings and firing subordinates who cross him or neglect to pay the necessary obeisance, is now a guest of the government in a small room in a detention center, answering rather than asking questions.
		It was Chung Mong-koo, say Hyundai people, who took Hyundai Automotive an enormous step up from the plateau where it rested at the time of the 1997 economic crisis.
		Chung Mong-gyu was already sitting pretty as Hyundai Motor chairman when big brother Chung Ju-yung decided it was time for Chung Mong-koo, who was already the head of the company's main parts supplier, Hyundai Precision, now Hyundai Mobis, to stop the nonsense and move to the top of one of Korea's preeminent companies.
	www.atimes.com /atimes/Korea/HE12Dg03.html (1825 words)

	Taipei Times - archives (Site not responding. Last check: )
		South Korean tycoon Chung Ju Yung christened his fifth son Chung Mong Hun as his successor yesterday to end a family dispute over the control of Hyundai Group, the nation's number-one conglomerate.
		Mong Hun, the head of Hyundai Electronics Industry, has been battling his older brother Chung Mong Koo, chief of Hyundai Motor Co, for control of their father's business empire.
		Mong Koo controls Hyundai Motor, Kia Motors and four-wheel jeep maker Hyundai Precision and Industry while Mong-Hun has Hyundai Electronics, Hyundai Engineering and Construction and Hyundai Merchant Marine Co. Hyundai Heavy Industry belongs to Chung Ju Yung's sixth son Mong Joon.
	www.taipeitimes.com /News/archives/2002/04/14/0000029887/print (587 words)

	Newsvine - Jail Term Sought for Hyundai Chairman (Site not responding. Last check: )
		Chung, 68, has been on trial since June on charges of illegally raising a slush fund from affiliates from which authorities say he spent 69.3 billion won (US$74 million, euro57 million) for private and other purposes, including payments to lobbyists for government favors.
		Chung Mong-koo apologized and pledged to make Hyundai the world's No. 5 automaker if given the chance.
		Chung's defense lawyers called for leniency and asked for a suspended sentence in light of their client's health and the effects his conviction would have on Hyundai and the entire nation's economy.
	www.newsvine.com /_news/2007/01/16/522729-jail-term-sought-for-hyundai-chairman (498 words)

	kdka.com - Jail Term Sought For Hyundai Chairman
		Chung, 68, has been on trial since June on charges of illegally raising a slush fund from affiliates from which authorities say he spent 69.3 billion won (US$74 million) for private and other purposes, including payments to lobbyists for government favors.
		Chung Mong-koo apologized and pledged to make Hyundai the world's No. 5 automaker if given the chance.
		Chung's defense lawyers called for leniency and asked for a suspended sentence in light of their client's health and the effects his conviction would have on Hyundai and the entire nation's economy.
	kdka.com /business/Chung.Mong.koo.2.277816.html (549 words)

	Hyundai Chairman Chung Mong-Koo Arrested
		SEOUL, South Korea - Hyundai Motor Co. Chairman Chung Mong-koo was arrested Friday in a bribery and slush fund scandal that engulfed South Korea's largest automaker.
		Judge Lee Jong-seok told The Associated Press that he decided to issue the warrant because allegations against Chung are "heavy" and there are concerns that he may destroy evidence if he is not detained.
		Prosecutors on Thursday sought the warrant to arrest Chung on suspicion of embezzling company funds to create a slush fund and of damaging the company.
	www.softcom.net /webnews/wed/df/Ayb92406653.RqQa_GMS.html (226 words)

	Arrest warrant sought for Hyundai chairman - Boston.com
		Prosecution spokesman Kang Chan-woo said that the arrest warrant was requested for Chung, while his son, Kia Motor's Corp. President Chung Eui-sun would continue to be investigated without being detained.
		Chung's son spent about 18 hours there for questioning last week.
		Hyundai announced last week that the Chungs planned to donate $1.1 billion worth of personal assets to society, and that it "apologizes" for causing worries to the public.
	www.boston.com /business/articles/2006/04/26/arrest_warrant_sought_for_hyundai_chairman (540 words)

	The Korea Times : Hyundai Chairman Indicted (Site not responding. Last check: )
		The prosecution Tuesday indicted Hyundai Automotive chairman Chung Mong-koo on charges of embezzling about 130 billion won ($138 million) in company funds and causing about 390 billion won in damage to the carmaker through breach of trust.
		The prosecution has investigated the 68-year-old Chung, arrested last month, over suspicions of raising massive amounts of slush funds through six group affiliates since 2002 and using the money to illegally transfer corporate wealth to his family.
		The Supreme Prosecutors’ Office said it plans to eventually indict Chung’s son Chung Eui-sun, 36, president of Kia Motors, a Hyundai Automotive affiliate, and some other group executives after it pushes further its investigation on how the slush funds were used.
	times.hankooki.com /lpage/200605/kt2006051617284210230.htm (540 words)

	Chung Mong-koo: News & Videos about Chung Mong-koo - CNN.com
		An appeals court suspended on Thursday a three-year prison term handed to Hyundai Chairman Chung Mong-koo for embezzlement, saying the tycoon is too important to South Korea's economy to go to jail.
		Hyundai Chairman Chung Mong-koo escaped a prison sentence for embezzlement after a South Korean court ruled Thursday to instead impose a suspended five year sentence, according to a company spokesman.
		Prosecutors in South Korea are seeking an arrest warrant for Hyundai Motor Chairman Chung Mong-koo for his alleged role in setting up a slush fund and attempting to illegally pass on management of the company to his son.
	topics.edition.cnn.com /topics/chung_mong_koo (767 words)

	Global Insight // Same-Day Analysis
		Chung Eui-sun and other senior managers at the company could also face indictment later this month or early in May. Last week, Hyundai Motors issued a public apology and the Chungs promised to donate to charity their 60% holding, worth some US$1 billion, in Glovis, Hyundai's freight and logistics unit.
		Chung Mong-koo's managerial style can be described as successfully autocratic, and he has the ultimate say over investment and major strategic decisions.
		If Chung is prosecuted, it is also likely to herald a new era of professional corporate management for Hyundai, thus breaking the dynastic control of the firm, which originated with Chung-Mong koo's father, who established Hyundai Motors in 1967.
	www.globalinsight.com /SDA/SDADetail5686.htm (816 words)

	Asiaweek.com \| Business: Of Father And Sons \| 6/16/2000
		CHUNG MONG HUN, 52, is the sixth son whom the founder named group co-chair in late 1997.
		At 4 p.m., Chung Mong Koo, known to his employees affectionately as MK, announced that he was not going to resign as chairman of Hyundai Motors Co. and Kia Motors Corp. At 6:30 the next morning, he met with Hyundai Motor and Kia directors and got a unanimous endorsement to stay on as chairman.
		Chung Mong Hun is said to be his favorite among eight sons, and one can see why.
	www.asiaweek.com /asiaweek/magazine/2000/0616/biz.hyundai1.html (1941 words)

	Hyundai Motor Chairman Appeals Jail Sentence \| Reuters
		The 68-year-old Chung was arrested last April on allegations that Hyundai and its affiliates set up slush funds to pay for political favors.
		Chung spent two months in jail before being released on bail last June.
		The court decided after sentencing not to revoke Chung's bail terms immediately, citing the need to protect the national economy and to give him time to prepare his appeal.
	uk.reuters.com /article/idUKSEO4092720070213 (374 words)

	Chung Mong Koo News - The New York Times
		Chung Mong-koo, 68, committed a “clearly criminal act,” the judge said, and will serve three years.
		The chairman, Chung Mong Koo, was charged with misappropriating 130 billion won ($136 million) to set up a slush fund to buy political influence.
		Prosecutors said Chung Mong Koo had set up a $105 million slush fund to bribe officials and politicians.
	topics.nytimes.com /top/reference/timestopics/people/c/chung_mong_koo/index.html (495 words)

	At Hyundai, Charges Add Up To Millions
		Hyundai Motor Co. Chairman Chung Mong Koo was arrested in Seoul yesterday on charges of embezzlement and misusing corporate funds, jeopardizing his goal of building the world's fifth-biggest automaker by 2010.
		Chung built Hyundai from an exporter of low-quality cars into a global manufacturer that surpassed Honda Motor Co. as the world's seventh-biggest automaker in 2004.
		Chung Mong Koo inherited Hyundai Motor as a consolation after losing a battle for control of the Hyundai Group with his younger brother Chung Mong Hun.
	www.washingtonpost.com /wp-dyn/content/article/2006/04/28/AR2006042800354.html (669 words)

	Botgöring för miljarder - Klacksparkar - E24.se
		Biljätten Hyundais fängelsedömde chef Chung Mong-koo upprepade igår sitt löfte att donera över 7 miljarder kronor till ”samhällsnyttiga” ändamål.
		Det var inga småsummor som Hyundai Motors koncernchef Chung Mong-koo erbjöd när han igår framträdde i en domstol i Söul för att överklaga sin fängelsedom från i vintras.
		Chung Mong-koo bekräftade igår sitt löfte från i fjol att ge totalt en biljon sydkoreanska won (cirka 7,5 miljarder kronor) av sina privata tillgångar till samhällsnyttiga ändamål under de närmaste sju åren.
	www.e24.se /dynamiskt/klacksparkar/did_15521938.asp (2026 words)

	Chung Mong-koo - Jalopnik
		Chung Mong-koo, the chairman of Hyundai Motors who was convicted of fraud and embezzling over $100 million from Hyundai, has not only avoided all jail time, but he will remain as chairman of the company!
		This epic level of unbelievability proves once again people aren't really all that different in all corners of the world — violent crime is rewarded with hard time, while massive white collar crime gets a handshake and pat on the back.
		The warrants were issued after Chairman Chung spent 15 hours, and his son spent 18 hours, in questioning over the alleged scandal.
	jalopnik.com /cars/chung-mong_koo (497 words)

	Hyundai Chairman Chung Mong-koo finally inducted in scandal case \| Business News
		Hyundai Chairman Chung Mong-koo finally inducted in scandal case
		Prosecutors in South Korea have finally indicted Hyundai Motor Co Chairman Chung Mong-koo in embezzlement and slush fund scandal, which has rocked the country’s largest automobile manufacturer.
		In fact, Chung’s son, Eui-son, president of Kia Motors is also being investigated.
	business.techwhack.com /562/chung-mong-koo (456 words)

	Hyundai Chairman Chung Mong-Koo Arrested - International Business Times -
		Prosecutors are also seeking to indict Chung Eui-sun, the chairman's son and president of Kia Motors Corp., without detaining him.
		Chung Mong-koo is the eldest surviving son of the late Chung Ju-yung, who founded the Hyundai Group in 1947 and Hyundai Motor in 1967.
		The 68-year-old took control of Hyundai Motor in 1999 from his uncle Chung Se-yung, who is credited with Hyundai's rapid growth and was nicknamed "Pony Chung" after its first model.
	www.ibtimes.com /articles/20060428/hyundai-chairman-mong-koo-arrested.htm (839 words)

	Korean prosecutors seek 6 year jail term for Hyundai Motor chairman AutoNews24h.com
		Prosecutors demanded a six-year prison term for Hyundai Motor Co. cairman Chung Mong-koo on embezzlement and other charges Tuesday, adding to the woes of the largest South Korean automaker.
		Chung, 68, has been on trial since June on charges of illegally raising a slush fund from affiliates from which authorities say he spent 69.3 billion won (US$74 million) for private and other purposes, including payments to lobbyists for government favours.
		SEOUL, South Korea (AP) _ An appeals court suspended a three-year prison sentence for Hyundai Motor Co. chairman Chung Mong-koo on Thursday, saying the tycoon is too important to South Korea's economy to...
	www.autonews24h.com /Auto-Industry/Hyundai-News/1571.html (705 words)

	Jail term sought for Hyundai’s chairman - Autos- msnbc.com
		Prosecutors demanded a six-year prison term against Hyundai Chairman Chung Mong-koo Tuesday.
		Chung, 68, has been on trial since June on charges of illegally raising a slush fund from affiliates from which authorities say he spent $74 million for private and other purposes, including payments to lobbyists for government favors.
		Chung has been out on bail since late June after two months of detention following his arrest in April.
	www.msnbc.msn.com /id/16650422 (564 words)

	In Chung Mong-koo's honor: What CAR do YOU drive? (Site not responding. Last check: )
		Chung's son runs Kia and is on the verge of being arrested, himself.
		We had a mini-honeymoon at the ocean, and plan to visit the west coast in August for a second reception, then hit overseas next year.
		I doubt Gramps ever played Nirvana in the CD player, but I know that if he were here, he'd enjoy listening with me, rollling down the expressway together and talking about the good old days and Michigan football.
	zoofus.proboards34.com /index.cgi?board=general&action=print&thread=1146243388 (1924 words)

	Kia ouvre sa première usine en Europe
		Devant une assemblée de 1.500 personnes, le Président du Groupe Hyundai-Kia, Mong-Koo Chung, le Premier Ministre slovaque Robert Fico et le maire de Zilina, Ivan Harman, ont ensemble coupé le ruban et déclaré l’usine officiellement ouverte.
		Kia Motors étend ainsi sa participation au monde footballistique en ajoutant ce partenariat à celui de la FIFA et de l’équipe Nationale Chinoise de football.
		Le Président de Kia Motors Corporation, Euisun Chung, et le Directeur du département marketing et gestion des médias de l’UEFA, Philippe Margraff ont conclu un partenariat confirmant l’attrait de la marque Kia pour le football.
	www.webcarcenter.com /dossier/economie/usine_kia_zilina/usine_kia_zilina.html (951 words)

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