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Tag Archives: A former CEO of Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME)

More Charges Laid Against Former DSME CEO

A former CEO of Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) now faces additional bribery charges: Nam Sang-tae, 66, is currently in custody and standing trial for bribery. The new charges relate to suspicions he was responsible for inflicting around $25 million in losses on the shipyard, prosecutors said, by making decisions based on his ties with certain acquaintances. ...

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