The former head of the troubledconglomerate will stand trial in South Korea, prosecutors said, according tothe Yonhap news agency.

Kang, 64, who stepped down in February, is accusedof diverting funds from STX Heavy Industries to illegally support other ailingaffiliates, chiefly STX Construction.

Investigators at the Seoul Central DistrictProsecutors' Office also alleged that Kang embezzled company funds to invest in hispersonal company by setting up a paper operation.

And