Prosecutors Summon Former Entertainment Agency CEO, 'Optimus Lobbyist'
[Asia Economy Reporter Baek Kyunghwan] The prosecution investigating the Optimus Asset Management (Optimus) redemption suspension incident summoned and questioned Shin Mo, the former entertainment agency CEO identified as a key lobbyist.
According to the legal community on the 10th, the Economic Crime Division of the Seoul Central District Prosecutors' Office (Chief Prosecutor Joo Mincheol) summoned Shin as a suspect for questioning on the same day.
Shin is suspected of conducting illegal lobbying with lobbyist Kim Mo, who was recently arrested, and Ki Mo, who fled, targeting political and government officials for Optimus's interest projects such as the Korea Racing Authority's off-track betting centers. In particular, Shin is known to have boasted to Optimus CEO Kim Jaehyun and others about his connections in the legal, political, and financial sectors, claiming he could assist the business.
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Meanwhile, the prosecution plans to decide on Shin's detention after completing the investigation. They are also tracking the whereabouts of Ki, who disappeared ahead of the warrant hearing.
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