corporate scandal


Kia chief spared indictment in Korean bribery scandal

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 bribery scandal. A spokesman from the prosecutor's office indicates that Chung Mong Koo has confessed to some of the charges, though more specifics were not disclosed. [Sources: The Standard; Hankooki] ... Read more →

Will growing corporate scandal derail Hyundai's future? Chris Paukert

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 ...

Bribery scandals brewing afresh at DaimlerChrysler Chris Paukert

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 ...

Kia chief spared indictment in Korean bribery scandal 3 years ago on Autoblog

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 ...

Will growing corporate scandal derail Hyundai's future? 3 years ago on Autoblog

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 ...

Bribery scandals brewing afresh at DaimlerChrysler 3 years ago on Autoblog

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 ...






Autoblog Podcast #157: Mike Levine trucks along with us.

Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too! 

 
 

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