Prosecutors demanded a six-year prison term for Hyundai Motor Co. Chairman Chung Mong-koo on Tuesday in his appeal trial against a three-year sentence handed down in February for embezzlement, The Associated Press reported.
A team of three prosecutors arguing the case said that Chung's crimes have dealt a serious blow not only to his company, but also to South Korea's image overseas, the AP reported.
"The sentence is too light," prosecutor Lee Dong-ryul told the court, according to the AP.
In February, Chung was sentenced to three years in jail for breach of trust and embezzling the equivalent of more than $100 million in company funds to set up a slush fund, the AP reported.-New York State Society of Certified Public Accountants
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