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South Korean prosecutors, furniture giants appeal massive bid-rigging verdict

By Jenny Lee ( June 27, 2024, 08:25 GMT | Insight) -- Both South Korean prosecutors and major furniture companies, including industry leader Hanssem, have filed appeals against a recent court decision in a massive bid-rigging case. According to court documents, the appeals, submitted between June 10 and 11, challenge the Seoul Central District Court's ruling in a collusion scheme worth about $1.7 billion. The case was subsequently transferred to the Seoul High Court on June 18.Both South Korean prosecutors and major furniture companies, including industry leader Hanssem, have filed appeals against a recent court decision in a massive bid-rigging case....

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