Daewoo founder ‘about to return’

The man who built Daewoo into a global corporate powerhouse and fled South Korea when the company collapsed with debts of $70 billion will return home on Tuesday to face charges of fraud, a former Daewoo spokesman said. “….” Daewoo, once a multinational giant in civil engineering, automobiles and shipbuilding, splintered into a clutch of businesses after its 1999 collapse under $70 billion of debt. “….”