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
Paramount Cars Paramount Cars Paramount Cars was a British company which produced the Paramount automobile between 1950 and 1956. Founded by WA Hudson and S Underwood from Derbyshire, the company initially manufactured cars in Swadlincote with production moving shortly after to Melbourne (again in Derbyshire) and then to Leighton Buzzard. Two models were produced, the Paramount Ten and the Paramount 1½-Litre. The Paramount had an aluminium over wood frame body with BMW like grille and was mounted on a separate tubular steel chassis with front transverse and rear semi elliptical leaf springs. It was originally intended to have Alvis engine and suspension