SKorean business groups seek pardons for top corporate criminals
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South Korea's main business groups have appealed to President Roh Moo-hyun to pardon top corporate criminals, including Daewoo Group founder Kim Woo-Choong, for the sake of the economy.
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Newmont Mining Co. officials said Wednesday they are considering a lawsuit against Indonesian police over the jailing of five company executives during a pollution investigation.
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North Korea is imposing harsh jail sentences on people trying to escape to China, a rights group finds.
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Prime Minister Bertie Ahern has repaid business friends more than $100,000 in hopes of defusing a scandal that is threatening to force him from power, officials said Sunday.Comment
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Lawyers for Russian billionaire Mikhail Gutseriyev are seeking to overturn a warrant for his arrest on charges of tax evasion.
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Most punishment from the recent wave of business scandals has fallen on corporate executives and in some cases accountants and other professionals who advised them.
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The retrial of two former Tyco bosses accused of stealing $600m in company money is due to begin on Tuesday.
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Malaysia&#39;s former deputy prime minister Anwar Ibrahim will reportedly seek royal pardon to clear his name of a corruption conviction.
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South Korea launched a special  investigation into Samsung Group  on Thursday on  suspicions the country's largest conglomerate bribed public  officials to squash investigations into its management  practices.
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A Southern California fence-building company and two executives have agreed to plead guilty and serve jail time for knowingly hiring illegal immigrants and pay a combined penalty of $5 million, two people close to the case said Thursday.
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South Korean prosecutors indicted Kim Seung Yun, the chairman of an industrial company, the Hanwha Group, on six charges in connection with what the authorities say was a revenge attack on employees of a bar in Seoul. Prosecutors charged Mr. Kim and a bodyguard, both arrested on May 11, with confinement and causing bodily harm with a weapon, the Seoul Central District Prosecutorsâ Office said. A Hanwha Group spokesman, Ju Cheol Beom, declined to comment.
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NEW YORK, Feb. 22 -- South Korean businessman and influence peddler Tongsun Park was sentenced Thursday to five years in prison for his role in the bribery scandal surrounding the United Nation's oil-for-food program for Iraq a decade ago.
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Â· Hustler boss tries again to bring down big names  Â· Washington Post readers asked for revelations
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The chief executive of the N.B.A.'s players union intends to appeal the length of the league's suspensions of Indiana's Ron Artest, Jermaine O'Neal and Stephen Jackson.
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DENVER  - Newmont Mining Co. officials said Wednesday they are considering a lawsuit against Indonesian police over the jailing of five company executives during a pollution investigation.
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In the recent annals of corporate fraud, the names Enron, Tyco and WorldCom ring the loudest. But for residents of Topeka, Kan., the former leaders of the local utility company have become just as infamous.
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Prosecutors made a second request for a warrant to arrest a former finance ministry official caught up in the sale of the Korea Exchange Bank to Lone Star Funds, a private equity fund in the United States. In making the request, the government added accusations of bribery and distorting evidence against the former official, Byeon Yang-ho. Mr. Byeon, who headed the financial policy bureau in 2003 when Lone Star acquired a 50.5 percent stake in Korean Exchange for $1.5 billion, is accused of conspiring to overstate the bankÂs financial problems to reduce the price. The Seoul Central District Court plans to hold a hearing this week on the request for the arrest warrant. Lone Star canceled its plan last week to sell the stake to Kookmin Bank for $7.4 billion.