Loan Kickback Allegations...Prosecutors Request Arrest Warrant for Former Head of Ebest Securities Division
Pre-Arrest Detention Hearing Scheduled for the 15th
On the 15th, it was confirmed that the prosecution has requested an arrest warrant for the former head of Ebest Investment Securities, who is accused of receiving several hundred million won in bribes from developers in exchange for granting loans.
The Anti-Corruption Investigation Division 3 of the Seoul Central District Prosecutors' Office (Chief Prosecutor Lee Seung-hak) reportedly uncovered that Mr. A received several hundred million won in bribes from two developers between 2018 and 2022 in exchange for granting loans, directly invested in development projects, and arranged multiple loans.
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The court is scheduled to hold a pre-arrest detention hearing (warrant substantive examination) on the same day to decide whether to detain Mr. A.
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