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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Korean publisher faces blackmail charge

The president of Korea's economic daily newspaper, Financial News, is facing arrest for blackmail. Chun Jae-ho is accused of demanding that an affiliate of the JU group buy shares in his newspaper company (at a higher price than the market value) in return for not printing an investigative story about JU's operations. Chun is then said to have made a profit from the sale of 2.5% of his company and his paper has since published articles sympathetic to JU. (Via Korea Times)

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