Eastar Jet Union Files Charges Against Lee Sang-jik and Management

[Asia Economy Reporter Dongwoo Lee] The Eastar Jet Pilots Union filed a complaint with the Seoul Southern District Prosecutors' Office on the 27th, accusing Independent Assemblyman Sang-jik Lee of instructing breach of trust in relation to the 'Eastar Jet embezzlement and breach of trust case.'

On the same day, the union held a press conference in front of the Seoul Southern District Prosecutors' Office, claiming, "Saemangeum Tourism Development and IMS Co. gifted Eastar Jet shares owned by each corporation to Eastar Holdings free of charge in December 2015, causing financial damage to each corporation."

They added, "Such actions constitute criminal acts violating the Act on the Aggravated Punishment of Specific Economic Crimes (breach of trust in the course of business)," emphasizing, "The CEOs of these corporations have testified that they did not exert influence over the share donation and that Assemblyman Sang-jik Lee exercised actual management rights."

The union believes that the share acquisition was carried out to illegitimately transfer Eastar Jet shares owned by Assemblyman Lee to his two children.

The union also stated, "The wage arrears were maliciously executed just one day after the labor-management agreement on wage cuts for corporate merger approval and restructuring," explaining, "Since the complete suspension of Eastar Jet's operations in March, unpaid debts have piled up like a snowball, ultimately driving the company into a bankruptcy situation where self-rehabilitation became truly impossible."

Assemblyman Lee has previously been reported and is under investigation and trial for tax evasion and violations of election laws.

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