▲Actress Yoon Jeong-hee. Newsis. As Kakao purchased a drama production company with capital of 100 million won for 20 billion won, it was reported that the Kakao executive involved was the husband of actress Yoon Jeong-hee, amid suspicions of a high-priced acquisition.
On the 30th of last month, KBS reported that the executive being investigated by the prosecution on charges of colluding with Kakao Entertainment CEO Kim Seong-soo to acquire a drama production company at a much higher price than the market price is Yoon Jeong-hee’s husband, Lee Jun-ho, head of the investment strategy division.
Prosecutors believe that this division head conspired with Kakao Entertainment CEO Kim Seong-su for the purpose of driving market profits to Baram Pictures, in which Yoon Jeong-hee invested.
It has been reported that Yoon Jeong-hee is currently a major reference, but there is a possibility that her status as a suspect may change as the investigation progresses.
The head of this department married actress Yoon Jeong-hee in 2015 and has one son and one daughter.
Baram Pictures is a drama production company established in 2017 with capital of 100 million won. CEO Park Ho-sik, who produced ‘My Mister’, ‘Bad Guys’, ‘Oh Hae-young Again’, and ‘Memories of the Alhambra’, is in charge.
Kakao M purchased this company, which had a capital of 100 million won, for 20 billion won in 2020. The head of this division is suspected of having led the acquisition as the head of Kakao M’s sales business division at the time.
The prosecution estimated that Lee and CEO Kim later increased their capital by 20 billion won, resulting in a total loss of 40 billion won to KakaoM.
This division head was the head of KakaoM’s sales business division when Kakao acquired the production company, and CEO Kim was the CEO of KakaoM. The prosecution applied charges of breach of trust under the Special Police Act against the two.
In addition, the head of this division is also suspected of manipulating market prices when Kakao acquired SM Entertainment.
Reporter Moon Kyung-geun
