A former CEO of DSME has been jailed for six years for accounting fraud.

Seoul central district court also found Nam Sang-tae, 67, guilty of embezzlement, breach of duty and bribery.

He was ordered to forfeit KRW 880m ($806,000), the Yonhap news agency reported.

Prosecutors had wanted an eight-year sentence.

"The defendant neglected his responsibility as the chief of Daewoo Shipbuilding and sought his personal gains using his authority and power," the court ruled.