157 Venture Firms Default On Credit.

From: Korea Times (Seoul, Korea) | Date: October 28, 2000 | Copyright information

Amid a controversy over illegal loans extended to a former head of a venture firm, an opposition lawmaker cited a total of 157 credit-defaulted venture firms from 1998 until the end of June, 2000.

Rep. Lee Hahn-koo of the Grand National Party (GNP), a member of the Finance-Economy Committee of the National Assembly, quoted a report submitted by the Small and Medium Business Administration (S...

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