( January 22, 2016, 05:06 GMT | Insight) -- Incheon's district court has acquitted Seok-hyo Jang, a 59-year-old former Korea Gas Corp chief, of charges for receiving bribes of several billion won from Tongyeong Tug Co, a firm he was previously involved with, and of and embezzling funds from it,&...Incheon's district court has acquitted Seok-hyo Jang, a 59-year-old former Korea Gas Corp chief, of charges for receiving bribes of several billion won from Tongyeong Tug Co, a firm he was previously involved with, and of and embezzling funds from it, Law Times and E2news report. Jang was accused of using the firm's credit card to run up 3.03 billion won ($2.51 million) in personal expenses before he moved to Korea Gas in July 2013. He resigned from his position at Korea Gas in December 2014 after he was indicted on charges of receiving bribes of 280 million won from Tongyeong Tug. The court declared Jang not guilty, ruling that there was no clear evidence that the suspect had granted favors for bribes. ...
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