The trial in Daejangdong resumed on the 13th
The health conditions of Kim Man-bae, the main shareholder of Hwacheon Daeyu Asset Management, who attempted an extreme choice last month, have improved and the prosecution is resuming investigations into him. Kim’s trial on suspicion of corruption in Daejang-dong development will also be held again.
An official from the Seoul Central District Prosecutor’s Office told reporters on the 3rd, “Since it is confirmed that Mr. Kim’s health has improved slightly, we will conduct the necessary investigations such as attendance investigations according to the investigation situation.” “. Prosecutors plan to call Mr. Kim sooner or later to investigate whether there are further hidden funds among the criminal proceeds of the Daejang-dong business in Seongnam-si, Gyeonggi-do, if some of the profits went to Lee Jae -myung, the head of the Democratic Party of Korea, and what is the structure of the Cheonhwa-dongin No. 1 stake. .
The 22nd Criminal Settlement Division of Seoul Central District Court (President Judge Lee Jun-cheol) will also resume the trial of private businessmen in Daejang-dong, including Mr.
Mr. Kim tried an extreme choice on the 14th of last month, when his associates were arrested for helping to hide the criminal proceeds earned from Daejangdong’s business. Kim has been released from hospital and is recovering at home.
The prosecution arrested and indicted Hwacheon Daeyu director Choi Woo-hyang and Hwacheon Daeyu co-representative Lee Han-seong on charges of hiding 27.5 billion won in profits from Mr. I prosecutors believe he covered up the proceeds of the crime, saying, “He is the last Kim Man-bae’s lifeline.”
