Kia President Questioned

By: The Associated Press
By: The Associated Press

Kia Motors president Chung Eui-sun appeared for questioning Thursday amid a slush fund investigation into the Hyundai Motor Group by South Korean prosecutors.

Chung, the son of Hyundai Chairman Chung Mong-koo, arrived at the Supreme Public Prosecutor’s Office in Seoul.

A stern-looking Chung told reporters before entering the prosecution building that he will faithfully comply with investigators.

Prosecutors have aggressively questioned company officials in recent weeks over allegations the company created a slush fund to buy influence with Korean government officials.

The younger Chung is the highest ranking member so far of the Hyundai Motor Group to be summoned in the investigation.

Last month, Kia announced plans to build its first manufacturing plant in the United States in Georgia. It is an affiliate of Hyundai. The plant in West Point, Georgia, is expected to create nearly 5,500 jobs. Hyundai Motor has an auto assembly factory in neighboring Alabama.


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