Police Reapply Warrant for Hyundai Development Executive Related to Hakdong Disaster View original image


[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The police investigating the Gwangju Hakdong disaster have re-applied for an arrest warrant for an executive of Hyundai Industrial Development.


The Anti-Corruption Economic Crime Investigation Unit of the Gwangju Police Agency applied for an arrest warrant on the 21st for Executive Director A of Hyundai Industrial Development on charges of bid rigging.


After the prosecution dismissed the arrest warrant for Mr. A in mid-last month, the police supplemented related documents and applied for the warrant again this time.


A Gwangju Police Agency official explained, "After concluding the investigation to identify the cause and those responsible, we continued follow-up investigations for several months, arrested and sent brokers to prosecution, and conducted investigations on those involved in bid misconduct to proceed with their detention."


He added, "The request and issuance of the arrest warrant are matters to be decided by the prosecution and the court, and the police have done their best within their capacity."


Mr. A is suspected of informing Hansol Enterprise, the demolition company finally selected, of specific bid amounts during the process of selecting a general building demolition company through a 'designated competitive bidding' method.


He is reported to have completely denied all charges related to himself so far.


The police plan to expand the investigation and consider additional detention of the association and maintenance company officials once the decision on Mr. A's detention is made.


They also intend to widen the investigation net by identifying the involvement of those in the approval line within Hyundai Industrial Development's headquarters.



The accident occurred on June 9 last year at the demolition site of Hakdong Redevelopment Zone 4, when a five-story building collapsed. As a result, nine people died and eight were seriously injured.


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

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