10/20/2013

The Tong Yang Group may not be alone in the field of suspect funding, with a suggestion that four more South Korean conglomerates may face similar scrutiny. "We have documents on cases [of irregular funding] at four local business groups," said Financial Supervisory Service Governor Choi Soo-hyun, while declining to give any names. Meanwhile, investors harmed by the Tong Yang Group incident are the focus of proposals for compensation.

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