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

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SEOUL, Aug 19 — 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...

SEOUL, Aug 19 — 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.

Around 780,000 Koreans were conscripted into forced labour by Japan during the 35-year occupation, according to data from Seoul, not including women forced into sexual slavery by Japanese troops. And earlier this month, the surviving families of four of the victims asked the court to seize Mitsubishi’s bonds in South Korea, Yonhap news agency reported.

The amount covers around 80 to 150 million won ordered to be provided to each of the victims and covers losses from the delay of payment.

 

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