Mong Koo has reportedly brought in a coterie of managers who worked for him at other Hyundai units.

CNN: A NOVICE AT THE WHEEL

South Korean prosecutors are investigating whether Hyundai and a related logistics company owned by Chairman Chung Mong-Koo's family created slush funds to pay for political favors.

FORBES: Red Tape

Executive committee vice-president Chung Mong-joon announced in Zurich on Monday that by a unanimous vote it had been decided to drop the rotation from 2018.

CNN: FIFA end World Cup rotation policy

Nor can Hyundai Motor creditors and investors know whether Mong Koo will successfully integrate recently acquired Kia Motors and pay down a big debt.

CNN: A NOVICE AT THE WHEEL

The chairman of Hyundai Motor , Chung Mong-koo, apologised to South Koreans for becoming embroiled in a series of scandals involving political lobbying and slush funds.

ECONOMIST: Business this week

"Our cash flow is strong, and with foreign carmakers panicking about Korea, pushing ahead with negotiations (to sell a piece of Hyundai) would reduce our value, " says Chairman Chung Mong-Gyu.

FORBES: Why Korea needs a Margaret Thatcher

Meizu is opening a store later this month in Hong Kong, on Sai Yeung Choi Street, Mong Kok.

ENGADGET: Dual-core Meizu MX fully unveiled, launching on January 1st with HSPA+