Prosecutors Arrest 'Hambawang' Yu Sang-bong... Fleeing 15 Days After Cutting Electronic Ankle Bracelet
[Asia Economy Reporter Choi Seok-jin, Legal Affairs Specialist] Yoo Sang-bong (74), known as the 'Hambawang,' who cut off his location-tracking electronic anklet (electronic bracelet) and fled after being sentenced to prison by the Supreme Court on another fraud charge while released on bail, was apprehended 15 days after going into hiding.
According to the prosecution on the 27th, the prosecution's arrest team apprehended Yoo on charges of violating the Act on the Attachment of Electronic Devices.
Yoo, who was indicted and detained last October for violating the Public Official Election Act, was released on April 5 after being granted bail on the condition of wearing an electronic anklet. However, on the 29th of last month, the Supreme Court upheld the original sentence of one year imprisonment for his fraud charge involving embezzling 89 million won by using the operating rights of a hambap (temporary construction site restaurant) as bait.
Following the Supreme Court's final ruling, the prosecution attempted to take Yoo into custody last month, but Yoo refused, requesting a delay in execution, and on the afternoon of the 12th, he cut off the electronic anklet and went into hiding.
Accordingly, the Incheon District Court canceled Yoo's bail on the 13th, and the prosecution formed an arrest team to track him down and secure his custody.
The prosecution is reportedly securing Yoo's custody to investigate the circumstances and reasons for his escape.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
Yoo was the central figure in the 'Hambap Gate' scandal that shocked the nation in 2010. He was called the 'Hambawang' because he monopolized 'hambap' at construction sites nationwide by distributing bribes to high-ranking political and government officials, including former National Police Chief Kang Hee-rak and former Defense Acquisition Program Administration Chief Jang Soo-man.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
