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South Korea objects to World Bank’s order to pay Lone Star

South Korean Justice Minister Han Dong-hoon speaks at the government complex in Gwacheon, South Korea, Wednesday, Aug. 31, 2022. South Korea said Wednesday it plans to challenge a World Bank tribunal’s order to pay $216.5 million plus interest to Texas-based Lone Star Funds following a decade-long dispute over the private equity firm’s sale of the Korea Exchange Bank. (Shin Jun-hee/Yonhap via AP) FILE - Customers walk by Korea Exchange Bank (KEB) headquarters in Seoul, South Korea, Tuesday, Dec. 29, 2009. South Korea said Wednesday, Aug. 31, 2022, it plans to challenge a World Bank tribunal’s order to pay $216.5 million plus interest to Texas-based Lone Star Funds following a decade-long dispute over the private equity firm’s sale of the Korea Exchange Bank. (AP Photo/Ahn Young-joon, File)