Resource: Yonhap Information
-Pertaining to the outcome of the international ISD (Trader-Condition Dispute Resolution Process) dispute amongst Lone Star and the Korean federal government, Primary Minister Han Deok-soo explained: “Personally I have hardly ever intervened in Lone Star”. he said.
Prime Minister Han served as an advisor to Kim & Chang, who acted as Lone Star’s authorized consultant when Lone Star took in excess of Korea Trade Lender in 2003 and served as Deputy Prime Minister for Financial Affairs through Lone Star’s exclusive audit. in 2006.
In a meeting with reporters just after ending the signal ceremony for the regulatory innovation promotion crew this afternoon, Primary Minister Han mentioned, “I in no way spoke on Lone Star when I was an advisor to Kim & Chang and in the 2006 as Deputy Key Minister of Economics, I spoke and responded to my beliefs at the Countrywide Assembly: “I have under no circumstances been included in any action,” he mentioned.
Key Minister Han was criticized for expressing he was defending Lone Star by declaring, “With no Lone Star’s investment, Korea Exchange Financial institution would have gone bankrupt.”
Requested about his sights on the final result of the lawsuit, Primary Minister Han refused to say, “It really is tricky to say something at this stage.”
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