KangDuk Soo who ran STX for more than a decade until he was ousted earlier thisyear is accused of diverting funds to troubled subsidiaries and bribingpoliticians.

Thearrest was approved by Seoul court judge, Yoon Gang Yeol, who is reported to haveconcluded there are grounds for bringing grave criminal charges against Kang.

Kang (61) has said he will co-operate with investigations into whathappened at STX on his watch and claimed he was too busy to bribepoliticians.

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