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SEOUL， June 1 (Xinhua) -- South Korean prosecutors on Wednesday seized hundreds of Volkswagen and Audi vehicles for suspected violation of the permissible emissions standard， Yonhap news agency reported.
The Seoul Central Prosecutors' Office， which has been investigating the German automaker's emissions fabrication case， confiscated about 950 vehicles parked in a pre-delivery inspection center in Pyeongtaek， south of Seoul.
The confiscated models included Audi's A1 and A3 and Volkswagen's Golf， according to the report.
The prosecution said the models in question were suspected of violating the permissible emissions standard for poisonous gas or failing to get an environment-related approval before being imported and sold here.
Those models were also found to have a leakage problem in exhaust tubes.
In March， prosecutors seized a small number of vehicles from the Pyeongtaek center to see whether emissions test was faked with the models， but the appropriate test results failed to come out due to the leakage problem.
Volkswagen has faced plenty of lawsuits globally after admitting in September last year to fabricating emissions test in the United States.
South Korea's environment ministry filed a criminal lawsuit in January against the Audi-Volkswagen Korea， the local unit of the German carmaker， for failing to submit sufficient information on its recall plan even after receiving an order to recall faulty models.
The prosecution said the confiscated models could have violated an air environmental protection law， noting that additional charges could be revealed during the ongoing investigations.
The managing director of private equity firm GSR Ventures Sonny Wu has signed a binding agreement with Silvio Berlusconi, the president of AC Milan, through a special purpose vehicle to take over the Italian soccer team, domestic news portal caixin reported on Saturday.
The Chinese businessman is valuing the club at about 750 million euros ($823 million) including 200 million euros in debt, Bloomberg reported on Wednesday, citing an unidentified source.
Another Chinese businessman Steven Zheng and a European boutique investment bank specializing in sports business also helped in the deal, caixin said.
The report cited people familiar with the matter as saying that Wu will pay a deposit on the deal in the next step.
It is highly likely that Wu will seek domestic partners after acquiring AC Milan because running a club involves many ongoing expenses, said the report.
According to the source, Wu was near closing the deal after various consortiums that initially showed an interest in the club pulled out.
Those would-be investors included domestic institutions that realized AC Milan wouldn't be allowed to list in China, as the company's debt has been rising in recent years, said the report.
AC Milan reported a loss of 93.50 million euros in fiscal 2015, according to the company's financial statement. The company's losses totaled 270 million euros over the past five fiscal years, domestic news portal ifeng reported in April.
GSR Ventures was established in 2004 to invest in domestic high-tech start-ups that focus on the global market. caixin said.
The company manages $1 billion, according to the company.
The best wedding speeches examples are the types written and delivered in a pleasant and honest manner. If you’ve been tasked to present being married speech, know that this is probably the most exciting yet demanding tasks you could ever have the honor of doing. This is the very reason why you need to get yourself acquainted with different wedding speech examples. So whether you’re bride, groom, father of the bride, besty or best man, you’ll find different wedding speeches available for you.
The Bride Wedding Speech
This really is one of the most important speeches in a wedding. Here, the bride takes center stage and her speech to all the folks in attendance. Delivering this speech entails ideas including giving thanks to the parents along with the special people who made the marriage possible, a short and neat account about the groom and some memorable events with him, last but not least, the showing of gratitude and appreciation to those who made time to celebrate your union as husband and wife.
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Groom Wedding Speech
This is another much anticipated speech in a wedding. Here, the groom provides a toast to his bride and all sorts of the people who came for your joyous event coupled with few lines last but not least how he feels at the moment. Apart from a touching speech, one always remember to bring in some funny lines every so often. This will help make the entire mood lighter.
The daddy of the Bride Speech
Another most anticipated speech in the wedding, the father of the bride speech entails a father’s handing out of his daughter towards the groom. Oftentimes, this speech will become emotional. But you are able to do away with this by keeping your speech light and straightforward for everyone to absorb. This is likewise the ideal time for the father from the bride to welcome his son-in-law towards the family.
The Best Man and Best lady Speech
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