Home » News » “Ewha Group Chairman Arrested for Embezzlement and Fraud Charges”

“Ewha Group Chairman Arrested for Embezzlement and Fraud Charges”

Ewha Group Chairman Kim Yeong-joon (left) and general manager Kim Seong-kyu (right), who are suspected of violating the Act on Aggravated Punishment for Specific Economic Crimes (embezzlement, breach of trust, and property flight abroad), went through a warrant review at the Seoul Central District Court in Seocho-gu, Seoul on the 11th are present to receive [공동취재단]

Ewha Group chairman Kim Young-joon, who is suspected of creating 11.4 billion won in slush funds, was arrested.

On the 11th, Seoul Central District Court Chief Judge Yoon Jae-nam, in charge of warrants, issued an arrest warrant for Ewha Group Chairman Kim Young-joon, who is accused of violating the Act on Aggravated Punishment for Specific Crimes (tax), etc.

However, the request for an arrest warrant for Kim Seong-gyu, CEO of Ewha Group, was dismissed.

Prosecutors believe that the two embezzled company money from 2012 to this year by preparing 11.4 billion won in slush funds disguised as salaries.

Regarding the dismissed representative Kim Seong-gyu, Judge Yoon explained, “A significant amount of evidence has been secured and the risk of fleeing is low.”

2023-05-11 14:28:35
#속보 #billion #slush #fund #Kim #Youngjoon #chairman #Ewha #Group #arrested

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