Big-name Arms Broker Arrested for Alleged Corruption

SEOUL, Mar. 11 (Korea Bizwire) — The chief of a major South Korean weapons brokerage firm was arrested Wednesday for alleged corruption related to a state project to purchase an electronic warfare training system from Turkey, officials said. Lee Kyu-tae, the 66-year-old chairman of Ilgwang Gongyeong, was detained on charges of inflating the price of [...]