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South Korean dairy firm chairman resigns over false COVID-19 claims

South Korean dairy firm chairman resigns over false COVID-19 claims
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Namyang Dairy Products Chairman Hong Won-sik apologizes for false claims about the company s yogurt drink in a press conference at the firm’s head office in Seoul on Tuesday. Photo by Moon Jae-won/UPI News Korea
SEOUL, May 6 (UPI) The chairman of one of South Korea s largest dairy manufacturers is resigning after the company falsely claimed its yogurt drink could help prevent COVID-19 infection.
Namyang Dairy Products Chairman Hong Won-sik, who owns 51.68 percent of the Seoul-based manufacturer, bowed his head and gave a tearful apology to the media on Tuesday. ....

Soult Ukpyolsi , South Korea , Cholla Namdo , Hong Doo Young , Ministry Of Food , Dairy Products Chairman Hong Won Sik , Drug Safety , Park Ju Gun , Hwang Ha Na , Hang Ha Na , தெற்கு கொரியா , அமைச்சகம் ஆஃப் உணவு , மருந்து பாதுகாப்பு , பூங்கா ஜூ துப்பாக்கி , ஹ்வ்யாஂக் எச்ஏ நா ,

Namyang chairman's resignation lifts stock price

Namyang chairman s resignation lifts stock price
Posted : 2021-05-04 16:59
Updated : 2021-05-04 17:42
Namyang Diary Product Chairman Hong Won-sik bows during an apology Tuesday for claims the company made last month, backed by false reports, that its yogurt drink Bulgaris had anti-viral properties making it effective against the coronavirus causing COVID-19. Yonhap
By Kim Jae-heun
Namyang Dairy Product s shares soared 9.52 percent Tuesday following the much-awaited departure of Chairman Hong Won-sik from the top post.
Hong said he took full responsibility for claims made last month, backed by false reports, that the company s yogurt drink Bulgaris had anti-viral properties making it effective against the coronavirus causing COVID-19. ....

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