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Entries in Responsible Corporate Officer (1)

Tuesday
Feb212017

Sungyong Kang: The Responsible Corporate Officer Doctrine is a big gun against grand corruption

Korea's newly enacted anti-graft statute called the Kim Youngran law can't be applied retroactively against allegations of grand corruption involving President Park and her confidante and the chaebols (family run conglomerates, such as Samsung and Hyundai). Instead the Special Prosecutor's office will have to use the Criminal Act, and that will be a daunting task.

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