Terassem "Lee Hak-woo, Co-CEO, Arrested on Embezzlement Charges"
[Asia Economy Reporter Han Jinju] Terasem announced on the 28th that CEO Lee Hak-woo is under investigation after being detained on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes (embezzlement).
The prosecution requested an arrest warrant for CEO Lee on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes at the Suwon District Court, and the court issued the arrest warrant on the 27th.
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The company stated, "We are conducting normal business activities under the leadership of CEO Kim Kyung-geun."
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