Police Send Former Gwangbokhoe Chairman Kim Won-woong Under Suspicion of Embezzlement Without Detention

[Asia Economy Reporter Yoo Byung-don] Former Chairman of the Liberation Association Kim Won-woong, who has been under police investigation for allegedly using the National Assembly cafe's profits for personal purposes, has been handed over to the prosecution.

On the 15th, the Yeongdeungpo Police Station in Seoul announced that they recently sent Kim to the Seoul Southern District Prosecutors' Office, concluding that he is suspected of embezzlement and breach of trust in the course of duty.

The Ministry of Patriots and Veterans Affairs announced in February this year, following a special audit of the Liberation Association, that Kim had embezzled cafe profits to create a slush fund of 61 million won. However, the police determined that some of the amount did not constitute embezzlement and forwarded the case to the prosecution with only the remaining amount.

During the special audit at that time, it was found that the Liberation Association had improperly used the profits from the National Assembly cafe business (Heritage815) in a way that did not align with its founding purpose of providing scholarships to children of national merit recipients.

Meanwhile, the Ministry of Patriots and Veterans Affairs conducted a second special audit of the Liberation Association last month and found that Kim had embezzled an additional approximately 800 million won, referring the matter to investigative authorities. This case is currently under investigation by the Criminal Division 6 (Chief Prosecutor Lee Jun-dong) of the Seoul Southern District Prosecutors' Office.

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