KDB suspected of offering dubious loans to Hyundai Merchant Marine
The Korea Herald
Suspicions are mounting that the state-run Korea Development Bank (KDB) breached normal business practices in providing 490 billion won of loans to Hyundai Merchant Marine (HMM) so the shipping firm could offer the funds to North Korea. Banking experts said yesterday that despite KDB's assertion that its provision of loans to HMM was perfectly ...... Read more on The Korea Herald
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