Friday 19 April 2019
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business-standard - 25 days ago

S Korea court orders Mitsubishi asset seizure over WWII forced labour

A South Korean court has approved the seizure of Mitsubishi s assets over the Japanese industrial giant s use of forced labour during World War II, an activist group said Monday. 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. 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. After years of legal battles, five Korean victims won a ruling from the country s Supreme Court in November ordering Mitsubishi Heavy Industries to pay each plaintiff compensation of up to 150 million won (US$132,000). Four of the wartime labour conscripts filed an asset seizure request in January, saying Mitsubishi had failed to respond to court orders. One plaintiff died earlier this year. On Friday, the ...


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