Prosecutors Arrest One Suspect in 'Deutsche Motors Stock Manipulation' Linked to Kim Gun-hee
One of the individuals involved in the stock manipulation of Deutsch Motors, in which Kim Geon-hee, wife of former Prosecutor General Yoon Seok-yeol, is suspected to be involved, Lee Mo is entering the Seoul Central District Court on the morning of the 6th to undergo a pre-arrest detention hearing (warrant review).
View original image[Asia Economy Reporter Choi Seok-jin, Legal Affairs Specialist] The prosecution arrested one individual involved in the 'Deutsche Motors Stock Manipulation' case, in which Kim Gun-hee, wife of former Prosecutor General Yoon Seok-yeol, is suspected of being involved, on the 6th.
The Anti-Corruption and Strong Investigation Division 2 of the Seoul Central District Prosecutors' Office (Chief Prosecutor Jo Joo-yeon) detained Lee on the same day on charges of violating the Capital Markets and Financial Investment Services Act.
Judge Lee Se-chang, in charge of warrant hearings at the Seoul Central District Court, conducted the pre-arrest suspect interrogation for Lee and issued an arrest warrant around 10:20 p.m., stating, "The criminal charges are substantiated, and there is a risk of evidence tampering."
The prosecution initially requested arrest warrants for another individual named Lee and a person named Kim as well, but Lee was unreachable, and Kim submitted a request to postpone the court date and did not appear.
The unreachable Lee had previously been the subject of a prosecution arrest warrant request that was dismissed by the court. The prosecution plans to secure Lee's custody using a detention order issued by the court.
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A new date for Kim's warrant hearing is expected to be scheduled.
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