AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/coms2/summary_0286-26126802_ITM" title="Facts and information about KOREA'S KDIC FILES SUITS AGAINST 4,468 AILING BANK EMPLOYEES FOR INDEMNITY.">KOREA'S KDIC FILES SUITS AGAINST 4,468 AILING BANK EMPLOYEES FOR INDEMNITY.</a>
Close
Set up an RSS feed that alerts you when new articles from AsiaPulse News are available.
Frequently asked questions about RSS feeds
KOREA'S KDIC FILES SUITS AGAINST 4,468 AILING BANK EMPLOYEES FOR INDEMNITY.
SEOUL, Oct 1 Asia Pulse -- The Korea Deposit Insurance Corp. (KDIC) said Tuesday it has filed suits against 4,468 former and incumbent employees of ailing financial institutions seeking 1.2 trillion won (US$933 million) in compensation for their poor management.
The KDIC, the government's financial restructuring arm, has injected huge amounts of public funds to those institutions.
The KDIC also took legal measures to provisionally attach 1.18 trillion won worth of ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- KDIC to file suits against ex-bank heads for damages.
- News wire article from: Asia Africa Intelligence Wire August 7, 2002 700+ words
...be brought to trials," a KDIC official said. The official noted that KDIC, the government's financial...the country in late 1997. KDIC has claimed a combined compensation...against about 10 former and incumbent employees of Korea First Bank and some...
- KDIC Exempts Ailing Firms From Repaying W1.6 Tril.in Debts.
- News wire article from: Asia Africa Intelligence Wire October 2, 2002 700+ words
...Insurance Corp. (KDIC) said yesterday...468 former and incumbent employees of ailing financial...management. The KDIC, the government...the losses. The KDIC also brought 66 former and incumbent employees of public fund...
- KDIC urges National Assembly to pass bill on bond.
- News wire article from: Asia Africa Intelligence Wire July 31, 2002 700+ words
...approve the bill because KDIC has no ability to repay any...at the end of December. KDIC also said in the report that...as of the end of June, KDIC filed suits against 4,369 former and incumbent employees of 31 financial institutions...
- KDIC moves toward global standards.
- News wire article from: Asia Africa Intelligence Wire October 24, 2003 700+ words
...raised through the issuance of bonds by the KDIC and Korea Asset Management Corp. During...process of financial institutions, the KDIC contributed to market stability by protecting...support to institutions. Specifically, the KDIC adopted a temporary blanket deposit insurance...
- KDIC to file suit against accounting firm.
- News wire article from: Asia Africa Intelligence Wire August 13, 2002 700+ words
...Herald) Korea Deposit Insurance Corp. (KDIC) said yesterday it is pursuing a lawsuit...firm's improper auditing of Kohap Corp. KDIC said it has told Woori Bank, Kohap's...for their poor auditing of Kohap. Under KDIC's instruction, Woori Bank is expected...
- KDIC criticized for not recouping funds injected into state-run.
- News wire article from: Asia Africa Intelligence Wire October 2, 2002 700+ words
...questioned the Korea Deposit Insurance Corp. (KDIC) on its failure to hold government-run...of the opposition Grand National Party, KDIC did not file damage lawsuits against the...funds in the wake of the financial crisis. KDIC, however, insisted that there are no...
- KDIC head expresses intent to speed up sales progress...
- News wire article from: Asia Africa Intelligence Wire January 21, 2002 700+ words
= KDIC head expresses intent to speed up sales progress for Seoulbank = The head of the Korea Deposit Insurance Corporation (KDIC), Lee In-won, announced on Monday that KDIC will soon receive consulting from the public fund management...
- KDIC, KAMCO face W105 tril. of maturing bonds by 2006.
- News wire article from: Asia Africa Intelligence Wire September 13, 2002 700+ words
...2006, Korea Deposit Insurance Corp. (KDIC) and Korea Asset Management Corp. (KAMCO...for parliamentary inspections next year, KDIC and KAMCO each has 13.7 trillion won...bringing the grand total of bonds that KDIC and KAMCO must pay back within the next...
- KOREA'S KDIC COLLECTS US$715 MLN IN DEPOSIT INSURANCE FEES THIS YEAR.
- News wire article from: AsiaPulse News December 5, 2002 700+ words
...The Korea Deposit Insurance Corp. (KDIC) today said it collected 870 billion won...billion won compared to last year when the KDIC earned 784 billion won through insurance...won. Other sources of earnings for the KDIC were bankrupt dividends from liquidated...
- KOREA'S KDIC TO STRENGTHEN RISK MONITORING OF FINANCIAL INSTITUTIONS.
- News wire article from: AsiaPulse News January 2, 2003 700+ words
...The Korea Deposit Insurance Corp. (KDIC) today said it will focus its attention...avoided. To implement these moves, the KDIC said internal organizational restructuring...departments from three to a total of four. "The KDIC plans to use its authority to probe financial...
Source: HighBeam Research, KOREA'S KDIC FILES SUITS AGAINST 4,468 AILING BANK EMPLOYEES FOR...