Now Korean seafarers try to stop HMM sale: 'don't forget Hanjin'
With just days to go before a preferred buyer is nominated to take the state’s ...
By Alex Lennane
Given what we now know about Hanjin, the fact that its former chairwoman Choi Eun-young disposed of her shares, for $2.7m, in April seems worthy of an investigation – and the Korean authorities think so too. She would have lost $1m if the sale – which took place just a few days before the company applied to restructure its debt – had not proceeded. Ms Choi insists, however, that she had no idea the company was in financial trouble and she had ...
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