Search results for Seoul Central District Prosecutors Office
Games & Commerce
Prosecutors raid Yanolja and Yeogieottae over alleged expiry of ad coupons
Prosecutors have launched a forced investigation into online lodging booking platforms Yanolja and Yeogieottae over allegations they sold promotional coupon-based advertising products to partner accommodation providers and unilaterally expired unused discount coupons without refunds. The Seoul Central District Prosecutors Office searched the companies’ headquarters on Tuesday, with warrants citing suspected violations of the Fair Trade Act. The probe follows a complaint request by the SMEs ministry and prior antitrust penalties imposed in August.
Finance
Prosecutors expand probe into former Namyang Dairy chairman family over 3.7 billion won breach of trust
Prosecutors are widening their investigation into the family of former Namyang Dairy Products chairman Hong Won-sik over alleged private use of company funds, industry sources said on Monday. The Seoul Central District Prosecutors Office is looking into possible additional misuse beyond 3.7 billion won already charged, including by his wife, Lee Woon-kyung, and their two sons. A first-instance verdict is set for Jan. 29.
Industry
Court rejects arrest warrants for MBK executives over Homeplus case
The Seoul Central District Court on Jan. 14 rejected prosecutors’ arrest warrant requests for MBK Partners Chairman Michael Kim and three other executives over alleged fraud and capital markets law violations tied to the Homeplus case. The court said the alleged 피해 results were serious but the evidence submitted so far did not sufficiently support detention. It also cited limits of warrant hearings and said defence rights should be protected in a non-custodial investigation.
