Police Request Arrest Warrant for Kim Bong-hyun, Key Figure in Lime Scandal
[Asia Economy Reporter Oh Ju-yeon] The police have requested an arrest warrant for Kim Bong-hyun, chairman of Star Mobility, who has been identified as the main financier of the Lime Asset Management scandal and a key figure in lobbying within political circles.
On the 25th, the Intelligent Crime Investigation Unit of the Gyeonggi Nambu Provincial Police Agency announced that they had applied for an arrest warrant for Chairman Kim.
Chairman Kim is accused of embezzling 24.1 billion KRW of company funds from Suwon Passenger Transport (Suwon Yeogaek) under the Act on the Aggravated Punishment of Specific Economic Crimes.
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The police questioned him about the circumstances of the embezzlement of Suwon Passenger Transport's operating funds, but it is known that Chairman Kim largely denied the charges.
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