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KIA MOTORS PRESIDENT APOLOGIES FOR UNION BRIBE SCANDAL.

AsiaPulse News

| February 01, 2005 | COPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

GWANGJU, Feb 1 Asia Pulse - Kia Motors Corp. (KSE:000270) President Kim Ik-hwan offered an apology Tuesday for the company's union-related cash-for-jobs scandal.

In a press conference held at the car manufacturer's Gwangju plant, the executive said he and the company shared responsibility for the controversy stemming from the payment of kickbacks to a union leader.

The top union representative at Kia Motors' Gwangju plant is accused of taking more than 200 million won (US$195,000) in kickbacks in exchange for "recommending" job applicants that were then hired by the factory. The union worker involved in the scandal had been arrested and denies the involvement of other union ...

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