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Korean firm becomes victim of Muslim anger

16-02-2006

Chosun.com:

A Korean firm in the city of Peshawar in Northwestern Pakistan on Wednesday got caught up in Muslim anger about a series of cartoons depicting the Prophet Muhammad.

A riot erupted there when a demonstration by some 70,000 protesters to condemn the publication of the cartoons in Europe got out of hand. A group of the protesters set fire to the bus terminal run by Sammi Daewoo, and local employees who tied to block them became caught up in the violence themselves.

Four of the firm's local employees who tried to stop the pillaging were injured. Sammi Daewoo lost 16 buses, four cars, a gas station and the entire 900 sq.m two-story terminal building in the blaze. The financial losses have been calculated at around US$3 million.

A company executive said it was thought that competitor companies that were jealous of Sammi's success in Pakistan incited the mob.

The Sammi Daewoo bus terminal, owned by Daewoo before the firm's crisis, was acquired by Sammi in 2004 and is considered one of the most successful foreign transport firms in Pakistan. Some 3,000 staff operate buses in 35 cities in the country.

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