Former Gyeonggi Vice Governor Lee Hwa-young to Undergo Detention Hearing on the 27th for Ssangbangwool Bribery Case
[Asia Economy Reporter Kim Hyung-min] The decision on whether to detain Lee Hwa-young, CEO of Kintex (former Deputy Governor for Peace of Gyeonggi Province), who is accused of receiving bribes worth hundreds of millions of won from Ssangbangwool Group, will be made on the 27th.
The Suwon District Court announced on the 25th that the pre-detention warrant hearing (pre-arrest suspect interrogation) for CEO Lee will be held at 10:30 a.m. on the 27th. The decision on detention will be made by Judge Kim Kyung-rok, the judge in charge of warrants.
Earlier, on the night of the 23rd, the prosecution requested a pre-arrest warrant for CEO Lee on charges of bribery under the Act on the Aggravated Punishment of Specific Crimes and violations of the Political Funds Act. CEO Lee served as an outside director of Ssangbangwool from March 2017 to June 2018. Subsequently, from August 2018 to January 2020, he served as the Deputy Governor for Peace of Gyeonggi Province. The prosecution believes that from the time he held the Deputy Governor position until early this year, he received bribes amounting to about 200 million won from Ssangbangwool under the pretext of using corporate cards and other means.
In relation to this, on the 7th, the prosecution conducted searches and seizures at CEO Lee’s residence, Kintex, Gyeonggi Provincial Government Office, and the Asia-Pacific Peace Exchange Association, and on the 18th, CEO Lee was summoned for investigation.
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The prosecution also believes that A, a close associate of CEO Lee, received about 90 million won in wages from Ssangbangwool despite not actually working, and requested a detention warrant for A the day before. A’s pre-detention hearing is scheduled for 2:30 p.m. on the same day. Ssangbangwool Vice Chairman B, who is suspected of offering bribes to CEO Lee and others, is also expected to undergo a pre-detention hearing on the same day.
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