[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Seo So-jeong] Jung Kyung-shim, the spouse of former Minister of Justice Cho Kuk, who is accused of admission fraud involving their children and private equity fund-related charges, will appear at the appellate trial on the 12th.


According to the legal community on the 11th, the Seoul High Court Criminal Division 1-2 (Presiding Judges Eom Sang-pil, Shim Dam, Lee Seung-ryeon) will hold the first trial date for Professor Jung, who is charged with obstruction of business, forgery and use of private documents, and fraud, on the 12th.


Professor Jung is scheduled to appear in court for the first time since the first trial verdict was announced on December 23 of last year.


On that day, the court will conduct witness examination of Lee Sang-hoon, CEO of Coring Private Equity (Coring PE). Coring PE is an asset management company reportedly operated in practice by Cho’s fifth cousin.


In the first trial, Professor Jung was found guilty of benefiting from insider information related to the battery company WFM and admission fraud involving her children, and was sentenced to four years in prison and fined 500 million won, and was detained in court. The other charges, including embezzlement of private equity fund money, were acquitted.


Additionally, the case involving Choi Kang-wook, leader of the Open Democratic Party, who wrote an internship confirmation letter for the couple’s son at a law firm, violating the Public Official Election Act, will conclude its first trial on the 13th.


The Seoul Central District Court Criminal Division 21-2 (Presiding Judges Kim Sang-yeon, Jang Yong-beom, Kim Mi-ri), which is handling this case, plans to hold the closing arguments for Choi on the 13th.





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