How much was the debt for the Daewood business group collapsed with in 1999? [br

The South Korean businessman who founded the Daewoo Industrial Group has been arrested on his return home after six years on the run. (29)Kim Woo Choong fled South Korea after his business empire collapsed with debts of more than $ 70 billion. He’s accused of fraud and embezzlement. Kim Woo Choong arrived on an early morning flight from Vietnam and was immediately arrested by prosecutors. (30) He faces an array of embezzlement and fraud charges, including the illegal diversion of $20 billion overseas. He also faces more than 40 civil suits. He was mobbed at the airport by reporters and protestors, some of whom lost millions when the Daewoo business group collapsed in 1999. Kim Woo Choong fled abroad shortly afterwards and is reported to have spent most of his time in France.