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1. Hyundai Motor Chairman Chung Mong-koo walking towards the courthouse and entering 2. Mid of courthouse sign reads: (Korean) "Courtrooms of High Court" 3. Wide of Chung coming out of courthouse after verdict 4. SOUNDBITE (Korean) Chung Mong-koo, Hyundai Motor Chairman: "I will accept and live up to the verdict." (++followed by pan of Chung being pushed by reporters and crowd as he walks away++) 5. Chung getting into car surrounded by news media 6. Mid of former Hyundai employees scuffling with Hyundai officials and bodyguards 7. Various of former Hyundai employees scuffling as they try to enter the courthouse 8. Pan from courthouse sign to crowd gathered outside courthouse STORYLINE: Hyundai's Chairman Chung Mong-koo avoided prison for the second time on Tuesday after a High Court upheld a suspended sentence handed down to the auto tycoon, convicted last year of embezzlement and breach of trust. The Seoul High Court upheld a sentence last year in which it suspended the three-year prison term handed Chung by a lower court. The ruling means the 70-year old auto-tycoon executive is free to continue running the expanding automobile company. The court said Chung can avoid time in jail as long as he breaks no laws for 5-years. "I will accept and live up to the verdict," Chung told reporters from outside the courthouse on Tuesday. Chung was ordered to do 300-hours of community service. The court had originally decided that Chung's community service take place in the form of delivering lectures and writing newspaper articles. But instead Chung will serve his community service in the form of environmental protection and other activities, after the prosecution appealed against Chung's involvement in academic based community work. The case drew attention due to the possibility that the court could change Chung's sentence and send him to court. But chances of that were considered low because prosecutors disputed only the community service aspect, not Chung's suspended term. Hyundai welcomed the sentence in a formal statement. "We are greatly relieved that this case is finally over," the automaker said in the statement. "We can now focus all our energies on making the Hyundai-Kia Automotive Group a global leader, one which is responsive and responsible to the demands of all of our stakeholders," the statement read. Hyundai Motor Company and affiliate Kia Motors Corporation, which together form the world's sixth-largest automative group, is a key driver of South Korea's economy. Chung was found guilty in February last year on charges that he raised a 102 (m) million US dollar slush fund from affiliates. Prosecutors said much of the money was used to pay lobbyists to gain government favours and for personal use. He received a three-year term in the initial district court trial, but the high court suspended the sentence for five years. The presiding judge said at the time that Chung was too important for the nation's economy to go to prison. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/6e91d2e0049e2b1ef813a3694fab089d Find out more about AP Archive: http://www.aparchive.com/HowWeWork