Gwangju Hakdong Disaster 'Bid Rigging' Hyundai Steel Executive Appears for Warrant Hearing

Silent in response to reporters' questions about admission of charges

A Executive Director A of HDC Hyundai Development Company is leaving the courtroom after attending a detention hearing (warrant review) at the Gwangju District Court on the morning of the 25th.

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] An executive at HDC Hyundai Development Company headquarters, accused of bid-rigging related to the Gwangju Hakdong disaster, is at a crossroads regarding detention.

A Executive from Hyundai Development Company appeared at the Gwangju District Court on the morning of the 25th to undergo a pre-trial detention hearing (warrant substantive examination).

In front of the court, he did not respond to reporters' questions such as "Do you admit the charges?" and boarded the transport vehicle silently.

The decision on detention is expected to be made as early as that afternoon.

Mr. A is accused of being involved in the selection of the general building demolition contractor for the redevelopment project of Hakdong 4 District in Dong-gu.

According to the police investigation, during the process conducted through a 'designated competitive bidding' method, it was revealed that he informed Hansol Enterprise, the final demolition contractor selected, of the specific bid amount.

The police plan to consider additional detention measures for the association and maintenance company officials involved in the bid misconduct once the decision on the issuance of the detention warrant for Mr. A is made, and intend to expand the investigation to the approval line within Hyundai Development Company headquarters.

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