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As sentencing pressure builds, Chung's philanthropy intensifies.

Publication: Automotive News
Publication Date: 28-MAY-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: As sentencing pressure builds, Chung's philanthropy intensifies.(Final assembly)(Brief article)

Article Excerpt
Staying out of prison could be an expensive proposition for Hyundai Group Chairman Chung Mong Koo.

According to Reuters, Chung pledged in a court hearing last week to donate about $1.1 billion to charity over seven years. In February, Chung was found guilty of embezzlement and breach of trust....

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