Hanjin Shipping’s ex-chairwoman Choi Eun-young has been summoned again by the Seoul Southern District Prosecutors’ Office on suspicion of illegal insider trading.
Choi is accused of selling Hanjin Shipping stocks in April, just before the Korean line announced it would undergo a creditor-led debt restructuring.
Another ex-boss of Daewoo Shipbuilding & Marine Engineering was grilled by prosecutors in Seoul today. A giant accounting fraud, to the tune of billions of dollars, has been unearthed at the Korean shipbuilder which has already seen a former ceo charged. Now Ko Jae-ho, ceo of DSME from 2012 to 2015, is being investigated.
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