'Ostem Implant Employee Embezzling 221.5 Billion Won Denied Request for Suspension of Detention'

Court "Difficult to Accept"... Full Trial Effectively Postponed to Next Month 6th

Lee Mo, who is accused of embezzling 221.5 billion KRW from Osstem Implant, is being transferred to the prosecution from Gangseo Police Station in Seoul on the 14th. Photo by Kang Jin-hyung aymsdream@

[Asia Economy Reporter Yoo Byung-don] The first trial of Lee Mo (45, detained), the finance team leader of Osstem Implant accused of embezzling 221.5 billion won of company funds, has been effectively postponed by about a month. The court also rejected Lee's separate request for suspension of detention.

The Criminal Division 14 of the Seoul Southern District Court (Chief Judge Kim Dong-hyun) held the first hearing on the afternoon of the 2nd at 2:30 PM for Lee, who was indicted on charges of embezzlement under the Act on the Aggravated Punishment of Specific Economic Crimes.

At the hearing, the court dismissed Lee's suspension of detention request submitted on the 25th, stating that it was "difficult to accept."

Meanwhile, although the prosecution's reading of the charges and the defendant's plea procedures were scheduled for the day, the trial was postponed because the defense counsel had not yet completed reviewing the case files.

Lee's defense attorney requested a postponement, saying, "We were told that copying of the case files would be possible from the 21st, so we have not yet finished reviewing them," and the court accepted the request.

Earlier, it was reported that Lee had appointed a large number of lawyers from the law firm Beomwoo on the 25th.

Accordingly, the next trial is scheduled to be held at 10:50 AM on April 6.

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