Ex-Pres. Lee's Asset Managers Detained, Face Arrest

Write : 2018-02-14 11:10:34 Update : 2018-02-14 17:33:26

Ex-Pres. Lee's Asset Managers Detained, Face Arrest

The prosecution has sought an arrest warrant for the chief of a subcontractor of auto parts company DAS for his alleged embezzlement of company funds to create a slush fund. 

The Seoul Central District Prosecutors' Office on Tuesday requested the warrant for Lee Young-bae, who is known to have managed assets of former President Lee Myung-bak. 

The subcontractor chief is suspected of embezzling company funds to create a slush fund worth five billion won. The prosecution suspects the slush fund is linked to the former president.

Prosecutors also took Lee Byung-mo, the executive secretary of the Cheonggye Foundation, into custody on the charge of destruction of evidence. Lee is known to have long worked for the former president, mainly taking care of assets and property.

Lee is suspected of disposing of ledgers that apparently had detailed records of the ex-president's financial accounts, possibly created under borrowed names, and their transactions.

  • RSS
  • Facebook
  • Twitter
  • print
  • list
  • Top
prev  prev  1 2 3 4 5 6 7 8 9 10 next
Internet Radio On-Air Window to KBS WORLD Radio Window to KOREA
2018 Inter-Korean Summit
North Korea Inside
청취자 만족도 조사 결과 -E
Let's Learn Korean (Mobile)
More Service
KBS World Radio Mobile
  • KBS World Radio Mobile
  • The new app consolidates KBS World Radio’s news and feature contents with services previously provided through separate apps...


1 / 4