'Financial Supervisory Service Lime Investigation Cover-up' Lobbyist Admits Charges in First Trial

[Asia Economy Reporter Yoo Byung-don] A lobbyist who received money from former Lime Asset Management Vice President Lee Jong-pil, promising to expedite the conclusion of the Lime Asset Management scandal investigation, admitted to the charges at the first trial.

On the 21st, at the first hearing on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes held by the Criminal Division 11 of the Seoul Southern District Court (Presiding Judge Lee Hwan-seung), the defense attorney for Mr. Eom (43) stated, "He admits to the overall criminal facts." Mr. Eom was arrested and indicted last month on the 23rd on charges of receiving 50 million won from former Vice President Lee last September under the pretext of requesting and mediating the early termination of the Lime investigation to officials from the Financial Supervisory Service and the Financial Services Commission.

Meanwhile, former Vice President Lee had completely denied the charges at his first trial held on the 1st, but with Mr. Eom admitting the charges, it is expected to influence the outcome of Lee’s trial. Lee’s next hearing is scheduled for the 22nd.

Before Mr. Eom’s trial on the same day, a preparatory hearing was also held for Mr. Jang and Mr. Park, who, with the help of Kim Bong-hyun, chairman of Star Mobility, acquired Hyanggun Sangjohoe through a 'no-capital merger and acquisition (M&A)' method and embezzled approximately 37.8 billion won of the Sangjohoe’s assets. They are also charged with hiding the embezzlement and reselling Hyanggun Sangjohoe to Company A Sangjohoe, fraudulently receiving 25 billion won as a contract deposit.

This content was produced with the assistance of AI translation services.