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COURT RULES DAEWOO FOUNDER PARTLY LIABLE FOR INVESTOR LOSSES.
Publication: AsiaPulse News Publication Date: 31-MAY-04 |
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COPYRIGHT 2004 Asia Pulse Pty Ltd
SEOUL, May 31 Asia Pulse - A Seoul court ruled Sunday that Kim Woo-choong, former chairman of the now-defunct Daewoo Group, bears partial responsibility for an investor's losses triggered by the conglomerate's window dressing of accounts and false disclosures in 1997 and 1998.
The ruling is expected to affect...
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