"Claiming Real Estate Acquisition as Smart Financial Management in Court Documents"
Wife Kim Da-ye: "Defendant Consistently Shows No Remorse"

It has been reported that Lee Mo, the sister-in-law who was prosecuted for embezzling broadcaster Park Suhong's assets, claimed that the 20 billion won worth of property was simply the result of "good financial management."


On the 15th, according to the YouTube channel 'No Jong-eon Kim Da-ye Real News' operated by Park's legal representative, lawyer No Jong-eon, he criticized, "The person who claims to know nothing about her husband's embezzlement charges has an enormous amount of assets," and added, "In court, she is defending herself by saying that the real estate was acquired through good financial management."


Broadcaster Park Soo-hong is making a statement while appearing as a witness at the continued trial of his older brother. <br>[Photo by Yonhap News]

Broadcaster Park Soo-hong is making a statement while appearing as a witness at the continued trial of his older brother.
[Photo by Yonhap News]

View original image

Lee was indicted without detention last October along with her husband Park Jin-hong on charges of embezzlement under the Act on the Aggravated Punishment of Specific Economic Crimes and is currently on trial. Park is accused of embezzling 6.17 billion won from the funds of a one-person agency corporation and Park Suhong's personal money while managing his younger brother's career from 2011 to 2021.


The prosecution believes Lee was involved in the embezzlement. She is accused of using the corporate card of the agency established by her husband to pay for their children's academy fees and embezzling 8 million won in cash daily from a bank account under Park Suhong's name.


At the National Tax Service audit in October last year, Kim Sang-hoon, a member of the People Power Party, revealed that Lee owns real estate worth about 20 billion won. Lee, who was a housewife, purchased a commercial building in Sangam-dong, Mapo-gu, Seoul, solely in 2004. She and her husband jointly own apartments in Magok-dong, Gangseo-gu, and Sangam-dong, Mapo-gu, and jointly hold eight commercial buildings in Magok-dong, Gangseo-gu. There are also eight buildings under the corporation established by the couple.


During the trial of Park Jin-hong and his wife, testimony emerged that the source of Lee's assets was unclear. At a hearing held in June, A, the head of a tax firm who appeared as a witness, stated that the couple lacked sufficient income sources when purchasing a commercial building in Gangseo-gu, Seoul, in 2015, resulting in a shortage of intermediate payments.


A said, "When acquiring real estate, the source of funds must be proven by personal income," and added, "The income sources of the Jin-hong couple were very low." He further stated, "Especially the spouse's source of funds was extremely insufficient," and "I wondered if the in-laws had a lot of cash."


Kim Da-ye, team leader of the Victim Human Rights Team at the law firm Jonjae and wife of Park Suhong, said on the YouTube channel, "Park Suhong waited for 1 year and 4 months because he wanted a sincere apology," and added, "The defendant's side has consistently shown no remorse to this day."



She continued, "Only a very small portion of the embezzled assets is currently involved in the lawsuit," and said, "They are only working hard to reduce the embezzlement amount."


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