The chairman of Korean motor company Hyundai returned to work on Friday (14 July) after a hiatus caused by time in prison over a bribery scandal.
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Chung Mong-koo was granted bail at the end of June, two months after he was arrested on suspicion of embezzling company funds. Chung, who has been in a detention centre near Seoul since his arrest on 29 April, applied for bail in late May for medical reasons.
The Korean Herald said Chung’s first call of duty was a meeting with US Alabama state governor Bob Riley, who is on a business trip to South Korea, over Hyundai Motor’s vehicle manufacturing project in the state.
It was reported that the two men have agreed that the car maker and Alabama will expand their co-operation.
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By GlobalData
