Ex-head of state lender gets heavier sentence in appeals trial for corruption
Social affairsNov 17, 2017
An appellate court sentenced former state-run Korea Development Bank Chairman Kang Man-soo to five years and two months in prison on Friday for a string of corruption charges, raising the jail term from the lower court's ruling. The Seoul High Court found Kang, also a former finance minister under the Lee Myung-bak government, guilty of pressuring the government to designate a biotech firm run by his friend as a business partner and provide 6.6 billion won ($6.03 million) in state subsidies in l