South Korea Halts State Asset Sales After Discount Allegations
President Lee Jae Myung ordered an emergency halt to government asset sales and directed all ministries to review ongoing and planned transactions, tightening oversight of public asset management after allegations...
By Heesu Lee · Bloomberg Markets
President Lee Jae Myung ordered an emergency halt to government asset sales and directed all ministries to review ongoing and planned transactions, tightening oversight of public asset management after allegations that the previous administration sold state properties at deep discounts.