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EX-CHAIRMAN OF KOREA'S HANARO TELECOM ACCUSED OF EMBEZZLEMENT.
Publication: AsiaPulse News Publication Date: 29-MAR-04 |
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COPYRIGHT 2004 Asia Pulse Pty Ltd
SEOUL, March 29 Asia Pulse - A former chairman of Hanaro Telecom Inc. (KOSDAQ:033630) has been accused of embezzling billions of won from subcontractors for helping them supply equipment to the country's second-largest broadband Internet operator.
On Sunday, the Seoul Metropolitan Police Department arrested 67-year-old Shin Yun-shik, who had been at the helm of Hanaro until early last year, on charges...
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