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N. Korea sends condolences over death of top Hyundai exec.

SEOUL, Aug. 5 Kyodo

North Korean groups sent a condolatory message Tuesday to South Korea's Hyundai Business Group over the death of a top Hyundai executive who had spearheaded business ventures in the North, according to Yonhap News Agency.

The Asia-Pacific Peace Committee and several other organizations also said they would temporarily halt tours to scenic Mt. Kumgang for the time being, Yonhap said, quoting Pyongyang's official Korean Central News Agency (KCNA).

In the message sent to Chung Mong Ku, chairman of Hyundai Motor Co. and an elder brother of the deceased, and Kim Yoon Kyu, president of Hyundai Asan Co., the North Korean groups said they ''express deep condolences on the sad news of the sudden death of (Hyundai Asan) Chairman Chung Mong Hun,'' Yonhap said.

KCNA said the suspension of tours was due to uncertainty over the Mt. Kumgang project and other inter-Korean cooperative plans caused by the suicide Monday of Chung, who had engineered the unprecedented cruise tours in 1998.

Chung, 55, fifth son of the late founder of the Hyundai business conglomerate, Chung Ju Yung, jumped from his office in the 12th floor of the Hyundai Business Group headquarters in central Seoul on Monday.

In June, Chung was put on trial on charges linked to the secret transfer of $500 million to North Korea by South Korea before a landmark June 2000 summit between then South Korean President Kim Dae Jung and North Korean leader Kim Jong Il.
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Publication:Asian Political News
Geographic Code:9SOUT
Date:Aug 11, 2003
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