Close aides of Kim Man-bae, the major shareholder of Hwacheon Daeyu Asset Management, who were arrested and indicted on charges of concealing profits from the Daejang-dong development, are being released on bail.


Hot Picks Today

"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ① "Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①

Kim Man-bae, the major shareholder of Hwacheon Daeyu Asset Management, is attending a trial related to lobbying and preferential treatment allegations in the Daejang-dong development project held on February 8 at the Seoul Central District Court in Seocho-gu. Photo by Kang Jin-hyung aymsdream@

Kim Man-bae, the major shareholder of Hwacheon Daeyu Asset Management, is attending a trial related to lobbying and preferential treatment allegations in the Daejang-dong development project held on February 8 at the Seoul Central District Court in Seocho-gu. Photo by Kang Jin-hyung aymsdream@

View original image

On the 26th, Judge Kim Sang-il of the Seoul Central District Court Criminal Division 1 granted the bail requests of Choi Woo-hyang, a director of Hwacheon Daeyu (former vice chairman of Ssangbangwool Group), and Lee Han-sung, co-CEO.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing