SEOUL, July 17 (Korea Bizwire) — On the eve of a pivotal Supreme Court ruling concerning Chairman Lee Jae-yong, Samsung is maintaining a strict silence, underscoring the high stakes of a case that has shadowed the group for nearly a decade. South Korea’s Supreme Court is set to deliver its final verdict on Thursday on [...]
SEOUL, July 16 (Korea Bizwire) — A local court on Wednesday issued a detention warrant for a close aide of former first lady Kim Keon Hee amid growing suspicions that he evaded the special counsel’s probe into multiple allegations surrounding Kim. The warrant was issued against Kim Ye-seong, known as the former first lady’s “butler” [...]
SEOUL, July 16 (Korea Bizwire) — Justice Minister nominee Jung Sung-ho vowed Wednesday to accelerate reforms aimed at separating the prosecution’s investigative and indictment functions, saying it is an “unavoidable” trend. In a parliamentary confirmation hearing, Jung said the reform initiatives intended to reduce the concentration of power within the prosecution have been discussed since [...]
SEOUL, July 15 (Korea Bizwire) — A special counsel team said Tuesday it has asked the prosecution to conduct a forensic analysis of a cellphone previously used by former President Yoon Suk Yeol. The team led by special counsel Lee Myeong-hyeon secured an iPhone used by Yoon during a raid on his home in southern [...]
SEOUL, July 14 (Korea Bizwire) — The special counsel team investigating allegations involving former first lady Kim Keon Hee on Monday summoned the founder of Kakao Corp. and executives of several other companies for questionings over an investment scandal linked to one of Kim’s aides. The investigation team, led by special counsel Min Joong-ki, said [...]
CHUNCHEON, July 12 (Korea Bizwire) — A South Korean court has ruled in favor of Legoland Korea in a defamation lawsuit against cultural heritage activists who publicly accused the theme park of destroying historical sites and labeled it a “land of immorality.” The Chuncheon District Court on Friday ordered three leaders of separate cultural preservation [...]
SEOUL, July 11 (Korea Bizwire) — Special Prosecutor Min Joong-ki’s team investigating various allegations involving former first lady Kim Keon Hee said Friday that an allegedly fugitive man known as her business associate should immediately return from abroad and undergo investigation. The 48-year-old man, named Kim Ye-seong, who is often dubbed the butler of the [...]
SEOUL, July 11 (Korea Bizwire) — English football star Jesse Lingard, currently playing for K League 1 club FC Seoul, has had his salary account partially frozen due to a legal dispute with his former agent over unpaid fees, according to sources in both the football and legal communities. The Seoul Western District Court approved [...]
SEOUL, July 11 (Korea Bizwire) — Arrested former President Yoon Suk Yeol failed to appear Friday for questioning by a special counsel over his attempt to impose martial law. Yoon’s lawyers said in a notice to the press that officials from the Seoul Detention Center, where Yoon has been in custody since his arrest early [...]
SEOUL, July 10 (Korea Bizwire) — A special counsel team said Thursday it will thoroughly investigate allegations former first lady Kim Keon Hee took bribes in the form of business sponsorships while organizing exhibitions as then head of a cultural contents company. The team led by special counsel Min Joong-ki said it has reviewed past [...]