Allegations of 'Free Stock' Bribery Arise During CEO Appointment

The police investigating allegations of obstruction of business against Ahn Hyeong-jun, president of MBC, have requested the Korea Broadcasting Culture Promotion Foundation to submit materials related to Ahn's appointment.


The Mapo Police Station in Seoul announced on the 3rd, "On the 28th of last month, we requested the Korea Broadcasting Culture Promotion Foundation to voluntarily submit materials regarding the appointment process of Ahn Hyeong-jun as MBC president."


MBC Headquarters. [Image source=Yonhap News]

MBC Headquarters. [Image source=Yonhap News]

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Earlier, in February, during the process of appointing the MBC president, allegations arose that Ahn had received a large amount of free shares from a venture company in the past. Ahn explained that he only lent his name at the request of a junior colleague in 2013 and did not receive any shares.


However, the conservative-leaning MBC's third labor union reported Ahn for obstruction of business, claiming that in 2016, when a drama PD from Company A was under an internal audit for receiving free shares, Ahn stated that the shares belonged to him, thereby lying and obstructing Company A's audit work.



The materials requested by the police from the Korea Broadcasting Culture Promotion Foundation are said to be related to this case. However, a police official stated, "We have not yet received the requested materials."


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

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