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POSCO Engineering and Construction to face a probe for alleged slush funds

( February 27, 2015, 05:56 GMT | Insight) -- POSCO Engineering and Construction Co. may face an investigation over slush funds created by its executives engaged in business in Vietnam, Yonhap News Agency reported. POSCO E&C confirmed reports that some employees were punished in July for creating ...POSCO Engineering and Construction Co. may face an investigation over slush funds created by its executives engaged in business in Vietnam, Yonhap News Agency reported. POSCO E&C confirmed reports that some employees were punished in July for creating illegal slush funds totaling around 10 billion won ($9.13 million). Vietnam’s prime minister ordered related government agencies to investigate the incident, the report added....

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