Key figure in SK fund scandal indicted
Seoul - Yonhap
A former SK Group official was indicted Monday on charges of conspiring with the jailed chairman of the country's third largest conglomerate in a massive embezzlement case, prosecutors said. SK Group Chairman Chey Tae-won is convicted of embezzling nearly 50 billion won (US$45 million) from the group's two affiliates and funneling the funds to make personal investments in stock futures and options in 2008.
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