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.
Hyundai Motor Co. chair Chung Mong-koo is looking to post bail. The Korean auto executive, currently incarcerated on embezzlement charges, appealed to the Seoul District Court on Friday to release him on bond.
An ex-government official in the growing Hyundai scandal was found dead Sunday of an apparent suicide. Park Seok-an, under suspicion for bribery in the Korean automaker corruption case was found dead in a lake-he had been slated to appear in the prosecutor's office the same morning, having already been questioned five times on suspicion of taking bribes in exchange for business favors while he was a director-general at a city hall housing division.