[Breaking] Supreme Court: Taekwang Affiliate Involved in Former Chairman Lee Hojin's 'Kimchi and Wine Forced Sales'
The Supreme Court has overturned the first-instance ruling as it found substantial grounds to believe that former Taekwang Group Chairman Lee Ho-jin was involved in the ‘forced purchase of kimchi and wine’ incident involving Taekwang Group affiliates.
![[Breaking] Supreme Court: Taekwang Affiliate Involved in Former Chairman Lee Hojin's 'Kimchi and Wine Forced Sales'](http://www.asiae.co.kr/news/img_view.htm?img=2021050716201325911_1620372013.jpeg)
The Supreme Court’s First Division (Presiding Justice Kim Seon-su) on the 16th overturned the lower court’s ruling and remanded the case to the Seoul High Court in the appeal lawsuit filed by Taekwang Group affiliates against the Fair Trade Commission’s corrective order and fine payment order.
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In 2019, the Fair Trade Commission discovered that 19 Taekwang Group affiliates had unfairly purchased kimchi and wine from ‘Whistling Rock CC (Tisis)’ and ‘Merbang,’ companies wholly owned by the family of the group’s head. The Commission imposed a fine of 2.18 billion KRW and issued a corrective order against former Taekwang Group Chairman Lee Ho-jin.
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