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Hyundai Asan Update. We’re starting to learn more about the corruption of Kim Yoon-Kyu, Hyundai Asan’s ousted VP and Kim Jong Il’s favorite business partner:

A Hyundai Asan source said, “Last July, during Hyundai Groups internal audits, Kim was accused of 10 instances of malfeasance including receiving kickbacks from construction in Mt.Kumgang, subcontracting corruption related to two joint construction projects and putting exorbitant sums of money on company expenses.”

Background here. Expect Kim to get a swift presidential pardon before the investigation goes too far.

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