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corporate scandal

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    Kia chief spared indictment in Korean bribery scandal
    1149940980

    The South Korean government has decided not to pursue an indictment against Chung Eui Sun, president of Kia Motors. The move not to prosecute apparently stemmed from the fact that his father, Chung Mong Koo (Hyundai Motor chairman) was the one with final authority, and he is being indicted in the ...

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    Will growing corporate scandal derail Hyundai's future?
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    With Hyundai chairman Chung Mong-koo (right) arrested and jailed Friday for alleged embezzlement and political slush funds in South Korea, the question is: Will the automaker continue to grow at a breakneck pace, or will mounting legal troubles conspire to take it down a peg or two? The Hyundai ...

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    Bribery scandals brewing afresh at DaimlerChrysler
    1141761600

    A whistleblower-spurred inquiry into 'improper payments' (read: bribes) has led DaimlerChrysler to let go or suspend several employees on three continents. The mole in question claims that he was fired after complaining to his bosses regarding a 'secret bank account' employed to bribe foreign ...

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