S. Korea court orders seizure of Mitsubishi assets over forced labour

Family members and representatives outside the Appellate Court in Seoul on June 27, 2019, after the court upheld a lower court ruling ordering Mitsubishi Heavy Industries Ltd to pay compensation to each of the families of 14 victims of forced labour in Japan in the early 1940s. Today, the Suwon District Court ordered the seizure of around 850 million won worth of bonds the company owns in LS Mtron, a South Korean industrial machinery manufacturer, after it refused to follow a Supreme Court verdict. – EPA pic, August 19, 2021

A SOUTH Korean court has ordered the seizure of Mitsubishi’s assets in the country over the Japanese industrial giant’s use of forced labour during World War II, reports said today.

Japan and South Korea are both democracies, market economies and US allies, but their relationship has been strained for decades as a result of Tokyo’s brutal 1910-45 colonial rule over the Korean peninsula.

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