SK Group headquarters building in Jongno-gu, Seoul on the afternoon of the 5th, when prosecutors began seizure and search for SK Group headquarters. Newsis
On the 5th, a prosecution investigating the charges of embezzlement and appointment of 200 billion won by SK Networks Chairman Shin Shin-won confiscated and searched the headquarters of SK Group while arresting Chairman Choi on the 5th. Interest is drawing on whether the prosecution’s investigation will expand beyond Chairman Choi to the group level.
The Seoul Central District Prosecutors’ Office of Anti-Corruption Investigation Division 1 (Director Jun-cheol Jeon) filed a detention on charges of embezzlement and dismissal under the Specific Economic Crimes Aggravated Punishment Act (Special Economy Act). Chairman Choi is the second son of the late Sunkyung Group Chairman Choi Jong-gun, the founder of SK Group, and the cousin of SK Group Chairman Choi Tae-won. He ran SKC from 2000 to 2015, and has operated SK Networks from 2016.
Chairman Choi was responsible for the management of SKC and its subsidiaries, SK Telesys and SK Networks. Be charged. The scale of such embezzlement and dismissal amounted to a total of 223.5 billion won.
Chairman Choi’s prosecution was charged with tricking a new growth engine fund into acquiring BW worth 27.5 billion won in the process of issuing bonds with underwriting rights (BW) in October 2012, as if he also participated in a capital increase. ) Was also included. In addition, after several years of exchanging 1.4 million dollars in the name of employees, of which 800,000 dollars were not reported to customs and taken abroad (violation of the Foreign Exchange Transaction Act, etc.) were also applied.
The prosecution also conducted a seizure and search of the headquarters in Jongno-gu, Seoul, where the SK Holdings office, a group holding company, is located in connection with the case of Chairman Choi. The target of seizure and search also included the office of the SK Supex Pursuit Council, a group control tower. This seizure search was conducted to confirm the decision-making process at the level of SK Group in relation to some of the allegations of Chairman Choi. The prosecution is said to have caught the links with the holding company in the process of which Chairman Choi raised funds to insolvent affiliates. It is the prosecution’s judgment that the decision would not have been made by Chairman Choi alone.
However, a prosecution official drew a line saying, “The group chairman (SK Chairman Choi Tae-won) was not enlisted or included in this seizure and search target.” The prosecution plans to examine whether there was any involvement at the level of SK Group in the process of embezzlement and dismissal of Chairman Shin Shin-won.
Joonki Jeong reporter [email protected]
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