Financial Times FT.com

S Korean tycoon gets 18-month sentence

By Anna Fifield in Seoul

Published: July 2 2007 11:04 | Last updated: July 2 2007 11:04

The head of a major South Korean conglomerate, the Hanwha Group, was sentenced Monday to 18 months in jail for the beating of a group of bar workers involved in a previous fight with his 22-year-old son.

Convictions of business leaders for white collar crimes are commonplace in South Korea; Chung Mong-koo, chairman of Hyundai Motor, is due to find out the result next week of his appeal of a February three-year sentence on embezzlement and other charges. But the Hanwha case has drawn extraordinary attention in South Korea because of the physical violence involved.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this