Latest Hankook & Company News & Updates

Seoul, May 8 (IANS) The Supreme Court on Friday upheld a two-year prison sentence for Hankook & Company Chairman Cho Hyun-bum for misappropriating and embezzling company funds.The top court confirmed an appellate court ruling that found Cho guilty of breach of trust and embezzling about 2 billion won (US$1.36 million), dismissing appeals by both Cho and the prosecution, reports Yonhap news agency.The appellate court had ruled that Cho used corporate cards for personal use, made the company c…