Kim Seong-tae (55), former chairman of Ssangbang-wool, arrested and charged for allegedly smuggling $8 million overseas and delivering it to North Korea, Kim Mo (52), former head of Ssangbang-wool’s Finance and Finance Headquarters , entering the country at 8:05 am on the 11th day passed
According to this magazine’s coverage, Mr. Kim arrives at Incheon Airport at 8:05 am (Korea time) on an Asiana flight that leaves Bangkok, Thailand on the 11th at 0:50 am (local time). The prosecution’s investigation team, which has been dispatched to the region to return Kim, is expected to take over Kim’s recruit from the local authorities and execute an arrest warrant on board.
Mr Kim is a person who is known to have played the role of ‘safeguard’ by managing the entire double leak fund and assets of former Chairman Kim. He said he received a travel permit from the Thai authorities on the afternoon of the 8th to return. Previously, at the non-extradition trial held in Thailand on the 7th, Mr. Kim admitted his status as an illegal alien and abandoned his appeal, and the Thai authorities have been deporting Mr. Kim.
The prosecution intends to investigate the source of the $8 million used to send it to North Korea through Mr Kim, who knows the flow of the double drop money. Former chairman Kim is said to have stated in an earlier investigation by the prosecution that “Kim knows the details of the company’s funds.” Prosecutors are also said to be in a position to continue investigating the claim that Ssangbang-wool Lee paid attorney fees with convertible bonds of 2 billion won and cash of 300 million won in 2018, when he was governor Gyeonggi.
On the other hand, the prosecution is scheduled to conduct a warrant review for Mr. Park, who served as an aide to former chairman Kim Seong-tae while fleeing abroad, at the Suwon District Court on the same day. The prosecution sent Park back on the 7th, who was arrested by the local police while trying to cross over to Cambodia after the arrest of former chairman Kim, and asked for an arrest warrant the next day.
