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Ex-Daewoo chairman arrested

Former chairman of Daewoo Motor, Kim Woo-Choong was arrested by Korean police early this morning as he arrived in the country from Vietnam.

Kim Woo-Choong fled abroad six years ago after Daewoo Group, one of South Korea's biggest conglomerates, collapsed with debts of $80bn (£44.3bn).

Seven other former Daewoo executives who were found guilty of fraud could face similar charges.

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