Kumho Asiana Chairman Faces Probe in Korea for Embezzlement
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Kumho Asiana Group said its Chairman Park Sam Koo is being investigated by prosecutors for embezzlement and that the allegations against him aren’t true.
“The prosecutors’ investigation will prove that he is innocent,” group spokesman Lee Jae Won said by phone today, after confirming an earlier Yonhap News report of the probe. He didn’t provide further details. Park is suspected of embezzling cash from overstated business transactions, Yonhap reported late yesterday, citing prosecutors it didn’t identify.