Prosecution to Present Sentence Recommendation for Jeong Gyeong-sim Today... Verdict Expected Next Month

Professor Jeong Kyung-shim, Dongyang University Photo by Yonhap News

[Asia Economy Reporter Seongpil Cho] The first trial of Jung Kyung-shim, a professor at Dongyang University and spouse of former Minister of Justice Cho Kuk, who was indicted on charges including admission bribery for her child and illegal investment in private equity funds, will conclude on the 5th.

The Criminal Division 25-2 of the Seoul Central District Court (Presiding Judge Lim Jeong-yeop) will hold the closing arguments at 10 a.m. on the same day for Professor Jung, who was indicted for violating the Capital Markets and Financial Investment Business Act, among other charges. From 10 a.m. to 3 p.m., the court will hear the prosecution's final opinions and sentencing requests, and from 3:30 p.m., it will listen to the final defense arguments from Professor Jung's lawyers and her last statement. After all the argument procedures are completed, the court will set a date for the verdict. Considering that it generally takes about a month from closing arguments to sentencing, the sentencing hearing is expected to be held in early next month.

Professor Jung was prosecuted on charges of falsely issuing or forging various documents, including a certificate of commendation in the name of the president of Dongyang University in 2013-2014, which were used for her daughter's admission to Seoul National University and Pusan National University medical graduate schools. She is also accused of investing under a borrowed name in the private equity fund management company Korlink Private Equity (Korlink PE) to avoid public official ethics regulations after Cho Kuk was appointed as the Blue House's Senior Secretary for Civil Affairs, and embezzling about 150 million won through a false consulting contract. Additionally, she is charged with instructing asset manager Kim Kyung-rok to remove PCs from her home and Dongyang University research lab ahead of the prosecution's investigation.

The prosecution indicted her three times in September, November, and December of last year on these charges, and the court has consolidated the three cases for trial. Professor Jung was detained during the prosecution's investigation but was released on bail in May and has been standing trial without detention.

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