Prosecutors Conduct Search and Seizure at Daewoo Winia on Allegations of Wage Arrears
On the 7th, the prosecution launched a forced investigation into Daeyu Winia Group on charges of withholding workers' wages and severance pay.
The Criminal Division 1 of the Suwon District Prosecutors' Office Seongnam Branch (Chief Prosecutor Heo Hoon) sent prosecutors and investigators to Daeyu Winia's office building in Gangnam-gu, Seoul, and the R&D center in Seongnam-si, Gyeonggi Province, to secure related materials. It is also known that the residence of Group Chairman Park Young-yoo was included in this search and seizure. The charges applied include violations of the Labor Standards Act.
The prosecution reportedly conducted the search and seizure on this day as part of efforts to expand the investigation to the higher-ups of Park Hyun-chul, CEO of Winia Electronics, who is on trial for withholding hundreds of billions of won in wages and severance pay. Park was indicted on charges of violating the Labor Standards Act, including withholding about 30.2 billion won in wages and severance pay for 393 workers from early May last year, when he took office, until last August.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Earlier, during the trial on charges including violations of the Labor Standards Act against CEO Park, the prosecution requested the court to deny his bail petition, stating, "Additional investigations are underway regarding Chairman Park Young-yoo of Daeyu Winia Group in connection with the case of withheld wages and other matters."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.