Broker Indicted for Taking 50 Million Won from Lime in Exchange for Promise to Suppress Financial Supervisory Service Investigation
[Asia Economy Reporter Yoo Byung-don] The prosecution investigating the Lime Asset Management scandal has indicted a broker who pocketed tens of millions of won by promising to expedite the Financial Supervisory Service's investigation.
The Criminal Division 6 of the Seoul Southern District Prosecutors' Office (Chief Prosecutor Cho Sang-won) announced on the 23rd that Um Mo, who received money under the pretext of early termination of the Financial Supervisory Service's inspection of Lime Asset Management, has been arrested and indicted on charges of bribery mediation.
According to the prosecution, Um is accused of pocketing 50 million won from former Lime Vice President Lee Jong-pil on the grounds of requesting and mediating early termination of the inspection to officials of the Financial Supervisory Service and the Financial Services Commission.
The prosecution stated that Um is not affiliated with the Financial Supervisory Service or the Financial Services Commission, but is a former employee of a private company. However, it did not disclose whether Um actually made requests to officials of the Financial Supervisory Service or others to halt the investigation. Um was arrested on the 7th.
Meanwhile, besides Um, the prosecution is also investigating Lee Mo, CEO of Star Mobility, who is known to have connected Kim Bong-hyun, chairman of Star Mobility and the so-called 'jeonju' (錢主, financial backer) of Lime, with political circles, and has also detained him.
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After becoming CEO of Star Mobility, Lee met with a senior Blue House official A and Democratic Party lawmaker B, whom he knew personally, to ask for help in resolving the Lime scandal on behalf of Chairman Kim.
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