Gov’t to Impose 150.9 Billion-won Fine on Hyundai Oil Bank for Toxic Discharge

SEOUL, Jan. 6 (Korea Bizwire) — The government plans to slap a 150.9 billion-won (US$118.9 million) fine on the country’s leading refinery, Hyundai Oil Bank Corp., for discharging wastewater with unsafe levels of toxic materials, officials said Friday. The fine is around 1 percent of the company’s annual sales and is the largest amount ever [...]