'Investigation Information Trading' SPC Executive and Prosecutor Investigator Detained... "Fear of Evidence Destruction"

An SPC Group executive and a prosecution investigator were arrested on the 6th on charges of exchanging money and entertainment in return for providing prosecution investigation information.

[Image source=Yonhap News]

Yoon Jae-nam, the chief judge in charge of warrants at the Seoul Central District Court, conducted a pre-arrest detention hearing for SPC Executive Director Baek and prosecution investigator Kim (grade 6) that morning and issued arrest warrants, citing "concerns over evidence tampering."

The prosecution believes that Kim leaked various investigation information, including the fact of seizure warrant requests and internal review reports, to SPC from September 2020 to June last year, and filed an arrest warrant request on the 2nd. The same day, an arrest warrant was also requested for Baek on charges including bribery.

It was investigated that Kim received money and entertainment worth several million won from SPC CEO Hwang Jae-bok and Baek in exchange for providing investigation information.

The prosecution views that SPC gave bribes to Kim to obtain related information as the prosecution investigation into Chairman Heo Young-in progressed.

Chairman Heo, who was indicted without detention in December 2022 on charges of breach of trust under the Act on the Aggravated Punishment of Specific Economic Crimes, was acquitted in the first trial on the 2nd.

Having secured the custody of Kim and Baek, the prosecution plans to conduct a detailed investigation into whether there was involvement at the SPC Group level in the trading of investigation information.

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