Lee Dong-gull Source KDB
Source KDB

More controversy surrounding Korea Development Bank’s control over HMM has erupted after a South Korean lawmaker revealed at the National Assembly on Friday that 67% of the liner operator’s surplus $4bn funds had been deposited in low-interest funds, managed by the state-backed policy lender.

Lawmaker Kang ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article


You must be logged in to post a comment.