Hyundai boss receives pardon from South Korean president

Filed under: Etc., Hyundai

In South Korea, economics trumps justice. Chung Mong-koo, the head of Hyundai who recently received a suspended sentence for embezzling and bribes has — along with 341,000 other businessmen, bureaucrats, and politicians — been given a full pardon.
President Lee Myung-bak, who said he was “personally against” the decision, decided to issue [...]