Arab Today, arab today korean newspaper owner gets prison term for embezzlement
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Arab Today, arab today
Arab Today, arab today

Korean newspaper owner gets prison term for embezzlement

Arab Today, arab today

Arab Today, arab today Korean newspaper owner gets prison term for embezzlement

Seoul - Yonhap

A Seoul court on Tuesday sentenced the chief of one of the country's major newspapers to three years behind bars for embezzling tens of millions of dollrs. Chang Jae-ku, chairman of the Hankook Ilbo media group that includes several dailies, magazines and a cable television channel, was found guilty of embezzling company funds worth a total of 45.6 billion won (US$40.8 million) from the Hankook Ilbo -- the group's flagship newspaper -- and its sister publication the Seoul Economic Daily.

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