Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Asian corruption is more common than you think

by Tony Sagami on May 21, 2008

in Asian Market, Stock Market in China

South Korea’s prosecutors are seeking a six-year jail term for Chung Mong Koo, head of Hyundai,
for
fraud and embezzlement
.

I don’t mean to pick on South Korea, but corruption is extremely widespread in Asia….especially in China. Six decades of communism has left a legacy of thieves China.

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