Prosecution Arrests and Indicts KH Executive Vice Chairman Bae Sang-yoon on Charges of Assisting Escape
KH Group Vice Chairman Woo, who is accused of assisting Chairman Bae Sang-yoon's 'overseas escape,' was indicted on the 13th.
The Seoul Central District Prosecutors' Office's Violent Crime Investigation Division (Chief Prosecutor Shin Junho) announced that on this day, Woo and two other executives were arrested and indicted on charges of aiding a fugitive and habitual gambling facilitation.
Woo and others are accused of assisting Chairman Bae, who is overseas, by sending group-affiliated attendants to serve him, delivering funds for his escape and gambling, thereby aiding his stay abroad. They were arrested on the 26th of last month.
The prosecution believes that Chairman Bae continues his 'emperor-style escape' overseas under the organized protection and assistance of Woo and other company executives. Chairman Bae is under investigation for causing losses of over 400 billion won to affiliates to raise funds for acquiring the Pyeongchang Alpensia Resort and embezzling approximately 65 billion won from affiliate funds.
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After leaving the country last year for business reasons and not returning, the prosecution obtained an arrest warrant for Chairman Bae, issued an Interpol Red Notice, and invalidated his passport through the Ministry of Foreign Affairs.
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