Most Popular
-
1
NewJeans has few options after Ador rejects group's request to reinstate Min Hee-jin as CEO
-
2
College is expensive? In S. Korea, English preschools cost much more
-
3
[Hello India] Hyundai Motor inches closer to IPO in India
![[Hello India] Hyundai Motor inches closer to IPO in India](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/25/20240925050520_0.jpg&u=20240925165136)
-
4
[Exclusive] Texas development exec shuts down layoff rumors at Samsung chip plant
![[Exclusive] Texas development exec shuts down layoff rumors at Samsung chip plant](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/25/20240925050451_0.jpg&u=)
-
5
Seoul, Tokyo reboot joint maritime resource talks after 40-year freeze
![[Hello India] Hyundai Motor inches closer to IPO in India](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/25/20240925050520_0.jpg&u=20240925165136)
![[Exclusive] Texas development exec shuts down layoff rumors at Samsung chip plant](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/25/20240925050451_0.jpg&u=)
-
6
Host of Miss Korea apologizes for 'inappropriate question' about deepfake
-
7
Panel decision put prosecution in dilemma over Dior bag case
-
8
'Gyeongseong Creature Season 2': faster and ready to confront past
-
9
2025 Trend Forecast: Small details, new happiness trend amid sluggish economy
-
10
Korea to face another massive shortfall in tax revenue
[THE INVESTOR] The probe into bribery allegations against Daewoo Shipbuilding and Marine Engineering has expanded with authorities looking at the role of former CEO Nam Sang-tae.
According to reports, the investigators have found evidence that Nam received bribes in return for awarding contracts to HUMEX Shipping & Air Freight Corp.
On June 15, the prosecution applied for an arrest warrant on HUMEX chairman, who is said to be a close acquaintance of Nam. The chairman, identified by his surname Chung, is suspected of giving Nam large sums of money in return for contracts from the shipbuilder.
According to the investigators, Nam was instrumental in HUMEX subsidiaries obtaining 10-year exclusive contracts with the shipbuilder.
In addition to bribery, Chung is also suspected of tax evasion, embezzlement and manipulation of evidence.
By Choi He-suk (cheesuk@heraldcorp.com)
According to reports, the investigators have found evidence that Nam received bribes in return for awarding contracts to HUMEX Shipping & Air Freight Corp.
On June 15, the prosecution applied for an arrest warrant on HUMEX chairman, who is said to be a close acquaintance of Nam. The chairman, identified by his surname Chung, is suspected of giving Nam large sums of money in return for contracts from the shipbuilder.
According to the investigators, Nam was instrumental in HUMEX subsidiaries obtaining 10-year exclusive contracts with the shipbuilder.
In addition to bribery, Chung is also suspected of tax evasion, embezzlement and manipulation of evidence.
By Choi He-suk (cheesuk@heraldcorp.com)
-
Articles by Korea Herald
![[Today’s K-pop] NCT’s Jaehyun to enlist in November: report](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/09/26/20240926050710_0.jpg&u=20240926170454)