SK Group chairman appeals prison sentence
Social affairsFeb 5, 2013
The head of South Korea's third largest conglomerate, SK Group, appealed a lower court ruling Tuesday that sentenced him to four years in jail for embezzling 46.5 billion won ($42.8 million) in company funds.Court officials said lawyers representing Chey Tae-won submitted a request for an appeal at 5 p.m. with the paperwork expected to be forwarded to the Seoul High Court in due time. The 53-year-old businessman was found guilty of embezzling the money from SK Group affiliates and funneling it i