“Court, pay 100 million won to Cho’s family”… Young-sook Lee “I have no money” → I only got 19 million won through auction
“Lee Young-sook, there is a prize money of 100 million won for winning the Korean Food Contest… but there is no effort to repay it.”
Lee Young-sook, who participated in Netflix Korea’s cooking survival program ‘Black and White Chef’ / Netflix
It was claimed that Lee Young-sook, the CEO of Nakyung Mushroom Farm, a ‘Korean food master’ who participated in Netflix Korea’s cooking survival program ‘Black and White Chef’, has not repaid a 100 million won debt for 14 years. In response to this, Representative Lee’s representative said, “We have paid back part of it.” However, the amount repaid was not disclosed.
According to a report by Maeil Shinmun on the 28th, CEO Lee signed an IOU to borrow 100 million won from Mr. Jo in April 2010. At the time, CEO Lee, who was famous in the region for his shiitake mushroom dishes, was preparing to open a local restaurant, and it was reported that Mr. Cho, who was the head of a shiitake mushroom association, lent funds to help with this. It is said that at that time, if you opened a local restaurant, you could receive support from the government.
This situation remains intact in the IOU that Representative Lee provided to Mr. Cho at the time. The IOU stated that “this money would be used to purchase factory land for government-supported projects.”
The maturity date of the loan was April 2011. However, Mr. Cho did not receive the money even after the promised deadline passed. Mr. Cho died in July 2011, three months after expiration.
Mr. Cho’s family did not know about this debt, but they became aware of this fact when Mr. Cho’s son, Mr. A, found an IOU in his wallet while sorting out his father’s belongings.
Handwriting on the condolence money envelope given by Lee Young-sook (left) and handwriting on the IOU (right)/Informant
Mr. A said, “I contacted CEO Lee in 2011 when my father passed away, but he denied it and said, ‘I never borrowed it.’” Accordingly, Mr. A’s family filed a civil suit that year. In June 2012, the Suwon District Court ruled that “Representative Lee must repay 100 million won to Cho’s family.” The court ordered, “Pay money calculated at the rate of 8.45% per annum from May 1, 2011 to May 24, 2012, and 20% per annum from the next day until the date of full repayment.”
Since Representative Lee did not appeal, the ruling was confirmed as is. However, CEO Lee did not repay the debt, saying, “I don’t have the money.” Mr. A was able to put a provisional seizure on the land owned by CEO Lee and receive about 19 million won back through an auction.
Mr. A asked for the remaining amount to be returned, but Representative Lee did not respond. Representative Lee participated in the entertainment program ‘Korean Food Battle’ in 2014 and received a prize of 100 million won after winning.
However, Representative Lee still did not repay the money, and Cho’s family applied for a bond seizure and collection order in 2018. The Daejeon District Court accepted this. But I still haven’t received my money back.
Mr. A said, “Apart from the 100 million won on the loan, there is an additional 50 million won that my father repaid on behalf of CEO Lee through a joint guarantee. I did not claim the right to indemnification because I thought they would give me 50 million won when they didn’t even give me 100 million won. As of October last year. “The statute of limitations for claims for compensation has expired at 10 years,” he said. “The amount that CEO Lee owes to my family is currently over 300 million won, including interest. But this time, he appears on Black and White Chef and turns people upside down again.” did it
In response to this, Representative Lee’s representative said, “There is a difference of opinion. It is true that ‘Master’ Lee Young-sook borrowed money, but she repaid part of it. If there are things that need to be repaid, it is right that they should be repaid. We plan to resolve this issue with a lawyer this week. “He said.
Representative Lee did not respond to Maeil Shinmun’s interview asking, “Please tell me how much was repaid.”