photo credit: Yonhap News
The arrest warrant for former Star Mobility Chairman Kim Bong-hyeon, a key figure in the so-called ‘Lime Situation’, in which investors suffered damage due to the suspension of fund redemption worth 1.6 trillion won, has been dismissed again.
The Seoul Southern District Court did not accept the warrant requested by the prosecution again yesterday, saying, “It is difficult to recognize the reason and feasibility of arresting the suspect at this stage.”
The court said, “There is considerable reason to suspect that the crime has been committed, and the contents are also serious.” However, “It is difficult to see that there is a change in circumstances that can overturn the situation or there is a risk of destroying evidence,” he said. I did.
Prosecutors issued an arrest warrant on the 14th of last month for former Chairman Kim, who is accused of stealing 9.1 billion won from 350 people by deceiving them by saying, ‘If you invest in unlisted stocks, you will guarantee principal and profits’ for two years from 2017. billed in turn.
However, the court dismissed it on the 20th of the same month, saying, “There is no fear of destroying evidence, and it is difficult to conclude that the act violated the conditions of bail.”
Former Chairman Kim was handed over to trial in May 2020 on charges of stealing tens of billions of won from Suwon passengers and Star Mobility funds to provide money and entertainment to politicians and prosecutors, but was released on bail in July last year. He was tried without detention.