Daewoo dissolution and corruption scandal trillion won (US$10.3 billion), and smuggling US$3.2 billion out of the country. On 30 May 2006, Kim was sentenced to 10 years in prison after being convicted of fraud and embezzlement. On the last day of the trial, Kim tearfully addressed the court, "I cannot dodge my responsibility of wrongly buttoning up the final button of fate." On 30 December 2007, Kim was granted amnesty by President Roh Moo-hyun. Daewoo dissolution and corruption scandal Daewoo dissolution and corruption scandal refer to the 1999-2006 scandal in South Korea involving the bankruptcy of Daewoo, then-country's second largest company, and a subsequent corruption
Daewoo Tico , it was later upgraded to fuel injection, thus passing the Euro 2 pollution standard, whilst also giving an increase in power output. Some versions of the Tico in the Korean domestic market were powered by liquefied petroleum gas. Daewoo produced the Tico at both the old Oltcit factory in Romania. In 2000, the Tico was replaced with a new car, the Daewoo Matiz. The Tico was sold alongside the Matiz until 2001. Daewoo Tico The Daewoo Tico is a city car produced by the South Korean automaker Daewoo from 1991 to 2001. The Daewoo Tico was based largely on