LIG D&A hit with 2-year bidding ban over bribery case
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LIG D&A faces a major setback to its domestic defense business after South Korea's arms procurement agency imposed a two-year bidding ban over alleged bribery, prompting the company to prepare a legal challenge. The Defense Acquisition Program Administration said Tuesday that its contract review committee had approved the maximum two-year suspension from government defense procurement bids under the State Contracts Act. The agency cited what it described as its largest bribery case on record, re
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- https://www.koreaherald.com/article/10910152
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- 21/10/2026 05:52 UTC
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- 21/10/2026 06:08 UTC
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