SEOUL, Jan. 23 (Korea Bizwire) – The special prosecution team probing the presidential scandal has a little over a month left, with the official investigation period set to expire on February 28. There have been a few setbacks for the prosecutors, namely the failed attempt at arresting Samsung vice chairman Lee Jae-yong, and supporters of [...]
SEOUL, Dec. 22 (Korea Bizwire) – German prosecutors said Thursday they are ready to cooperate with South Korea’s independent counsel looking into the alleged influence-peddling scandal surrounding President Park Geun-hye and her confidante. The independent counsel has been seeking to find the whereabouts of Chung Yoo-ra, the 20-year-old daughter of Choi Soon-sil, who is suspected [...]
SEOUL, May 17 (Korea Bizwire) – Prosecutors sought a 17-year prison term for a 56-year-old South Korean man at an appeals court on Tuesday for assaulting the top U.S. envoy to South Korea last year as well as two prison staff. Kim Ki-jong is currently serving a jail term for attacking Ambassador Mark Lippert with [...]
SEOUL, Dec.3 (Korea Bizwire) – The shock effect of black market deals with analysts and fund managers involved is hitting hard at securities firms in Yeouido. Numerous trade firms and asset management firms have been investigated by the prosecution, with documents and data seized and offices searched. The investigation has revealed even more names in [...]