Hyun-bum Cho, Chairman of Hankook & Company, saw his sentence reduced to two years on appeal after being acquitted of key breach of trust charges related to affiliate loans, though convictions for personal misuse of company assets were upheld.
#YonhapInfomax #HankookAndCompany #HyunBumCho #BreachOfTrust #AffiliateLoan #CorporateGovernance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96669

Hyun-bum Cho, Chairman of Hankook & Company, had his sentence reduced to two years on appeal after being acquitted of charges related to a 5 billion won affiliate loan.
#YonhapInfomax #HankookAndCompany #HyunBumCho #Sentencing #AppealCourt #AffiliateLoan #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96657