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KOREA'S JINRO OMITTED US$1.3 BLN FROM FINANCIAL STATEMENTS: KDIC.

Publication: AsiaPulse News

Publication Date: 30-APR-03
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COPYRIGHT 2003 Asia Pulse Pty Ltd

SEOUL, April 30 Asia Pulse - Jinro Co. was found to have engaged in window dressing worth 1.59 trillion won (US$1.30 billion) from 1994-1996.

According to the Korea Deposit Insurance Corporation (KDIC) Wednesday, the nation's largest producer of the traditional liquor "soju" did not include loans it provided to...

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