Lee Yong-ho Appears at Optimus Trial: "I Am Also a Victim, Invested Over 20 Billion Won"

[Asia Economy Reporter Baek Kyunghwan] Former G&G Group Chairman Lee Yong-ho testified in the 'Optimus Involvement Suspicion' trial that he is also a victim.

On the 3rd, Lee appeared as a witness at the trial of former Haeduck Powerway CEO Lee, held under the Criminal Division 22 of the Seoul Central District Court (Presiding Judge Yang Cheol-han), and explained that he provided an investment of over 20 billion KRW on the condition of receiving shares and management rights from the late Park, who was an advisor to Optimus.

Haeduck Powerway, a ship parts company, was acquired by former CEO Lee, a plastic surgery clinic director, in 2018, after which ownership transferred to Optimus. After the acquisition, suspicions of a 'non-capital acquisition merger' arose as 37 billion KRW of company funds were invested in Optimus's fund.

Former CEO Lee is accused of fraud under the Act on the Aggravated Punishment of Specific Economic Crimes for promising victim A that he would transfer management rights if acquisition funds were invested, but failing to do so.

On this day, Lee testified that he provided investment funds on the condition of receiving some shares during the acquisition process of Haeduck Powerway by former CEO Lee. However, regarding the exact amount invested, he said, "It is certain that it exceeds 20 billion KRW," but could not specify the exact figure.

Lee also testified that he heard from victim A that Park and former CEO Lee took control of the Haeduck Powerway shareholders' meeting in July 2018 by mobilizing a violent organization to acquire management rights.

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