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THE INVESTOR
April 18, 2021

The Boardroom

Top exec of KAI commits suicide

  • PUBLISHED :September 21, 2017 - 10:37
  • UPDATED :September 21, 2017 - 10:37
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[THE INVESTOR] A senior official at Korea Aerospace Industries was found dead on Sept. 21 in an apparent suicide, police said, amid a widening probe into an array of suspected irregularities at the aircraft maker.

Police said Kim In-sik, KAI vice president in charge of overseas business, was found hanged at his home in Sacheon, South Gyeongsang Province, at around 8:40 a.m.

KAI has been hit by a massive corruption scandal. Its former chief Ha Seong-yong has been detained over his alleged involvement in a series of malpractices from accounting fraud to illicit hiring.

By Alex Lee and newswires (alexlee@heraldcorp.com)
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