Prosecutors Request Arrest Warrant for Former Entertainment Agency CEO, Lobbyist in Optimus Case
[Asia Economy Reporter Baek Kyunghwan] The prosecution has requested an arrest warrant for Shin Mo, a former entertainment agency CEO who acted as a lobbyist for Optimus Asset Management.
According to the legal community on the 16th, the Economic Crime Division of the Seoul Central District Prosecutors' Office (Chief Prosecutor Joo Mincheol) filed an arrest warrant request on the 13th against Shin on charges including violation of the Attorney-at-Law Act, Commercial Act, and fraud under the Act on the Aggravated Punishment of Specific Economic Crimes. Shin's pre-arrest suspect interrogation is scheduled for the morning of the 17th at the Seoul Central District Court, presided over by Judge Kim Taegyun, who is in charge of warrants.
Shin is suspected of conducting illegal lobbying targeting political and business figures to facilitate Optimus's interest projects. In this process, he is accused of receiving money from Kim Jaehyun, CEO of Optimus, under the pretext of lobbying the financial sector, together with lobbyist Kim Mo, who was recently arrested, and the fugitive Ki Mo.
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If the court issues Shin's arrest warrant, the prosecution will secure the custody of two out of the four individuals identified as Optimus lobbyists. The prosecution had previously requested an arrest warrant for Ki, but he fled without appearing for the hearing on the 6th. Consequently, the court issued Ki's arrest warrant without a hearing, stating, "The main facts of the crime are established, the case is serious, and the suspect is deemed to have fled."
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