Prosecution, holiday Kim Seong-tae investigation… Investigation of money transactions, slush funds, etc.

The prosecution is conducting an investigation into the former chairman of the Ssangbangwool Group, Kim Seong-tae, who was arrested on charges of embezzlement and breach of trust today (21st), the first day of the Lunar New Year holiday.

The Suwon District Prosecutor’s Office summoned former chairman Kim, who was imprisoned in Suwon Detention Center after an arrest warrant was issued yesterday (20th), and is intensively questioning the process of fund transactions between subsidiaries and whether or not slush funds were created.

Former chairman Kim admits to some charges, such as remittance to North Korea, but denies charges such as suspicion of payment of lawyer fees and embezzlement, saying that he is not in contact with Lee Jae-myung, the head of the Democratic Party.

The prosecution plans to continue the investigation during the Lunar New Year holiday.

Reporter Kim Kyung-mok ([email protected])

#Kim Seong-tae #Ssangbang-ul #Lee Jae-myung

Yonhap News TV article inquiries and reports: Kakao Talk/Line jebo23

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.