SEOUL, June 30 (Korea Bizwire) — Telegram, once known as a haven for anonymity and untraceable messaging, is now actively cooperating with South Korean law enforcement, signaling a significant turnaround in the platform’s stance on privacy and criminal investigations. According to the National Police Agency, Telegram has responded to over 95% of investigative data requests [...]
SEOUL, June 28 (Korea Bizwire) — A South Korean internet user who left offensive comments under a news article about the nation’s first pregnant same-sex couple has avoided criminal punishment after reaching a settlement with the victims. According to legal sources, the Cheonan branch of the Daejeon District Court dismissed the criminal case against the commenter, [...]
SEOUL, June 27 (Korea Bizwire) — The special counsel investigating former President Yoon Suk Yeol’s martial law bid insisted Friday that he appear for questioning this weekend through the main entrance, not via the underground parking. Park Ji-young, a deputy to Special Prosecutor Cho Eun-suk, told reporters Yoon has repeatedly delivered his intention to use [...]
SEOUL, June 26 (Korea Bizwire) — The Supreme Court is set to deliver the final verdict on Samsung Electronics Co. Chairman Lee Jae-yong next month, as he was acquitted in both the first and second trials on charges related to a 2015 merger case, sources said Thursday. The ruling, scheduled for July 17, comes four [...]
SEOUL, June 25 (Korea Bizwire) — A Seoul court on Wednesday approved the extended detention of former Defense Minister Kim Yong-hyun over his alleged role in former President Yoon Suk Yeol’s martial law declaration. The Seoul Central District Court granted the warrant following a hearing, after Special Counsel Cho Eun-suk sought the arrest by indicting [...]
SEOUL, June 24 (Korea Bizwire) — The independent counsel investigating former President Yoon Suk Yeol’s short-lived imposition of martial law sought a warrant Tuesday to detain him after he repeatedly snubbed summonses for questioning over alleged obstruction of official duties and other charges, officials said. The special counsel, led by Cho Eun-suk, filed for the [...]
SEOUL, June 23 (Yonhap) — Former first lady Kim Keon Hee defied prosecutors’ summons Monday over allegations of stock price manipulation and interference with the election nomination process, officials said. A special investigation unit under the prosecution had requested Kim, the wife of ousted President Yoon Suk Yeol, to appear for questioning as a suspect, [...]
SEOUL, June 23 (Korea Bizwire) — South Korean grocery delivery platform Oasis Corp. said Monday it has acquired full ownership of e-commerce platform TMON after a court approved its rehabilitation plan, which included the acquisition proposal. TMON filed for court receivership in July last year following widespread delays in payments to vendors using its platform. [...]
SEOUL, June 20 (Korea Bizwire) – A Seoul court said Friday it will hold a hearing next week to determine whether to extend the arrest of former Defense Minister Kim Yong-hyun over his alleged role in former President Yoon Suk Yeol’s short-lived imposition of martial law. The Seoul Central District Court said the hearing will [...]
SEOUL, June 20 (Korea Bizwire) — A court on Friday approved a request to allow discount store chain Homeplus Co. to pursue a merger and acquisition (M&A) deal before a court decision on whether to approve its rehabilitation plan. The Seoul Bankruptcy Court approved Homeplus’ pursuit of the M&A deal and the selection of [...]