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single “Thanks to the monk, the business in Daejang-dong was safe”
1.6 billion to the temple, ‘big donor’ Kim Man-bae

Hwacheon Daeyu’s main shareholder, Kim Man-bae, was found to have donated 1.7 billion won to a temple in Gyeonggi-do. Prosecutors are investigating whether Kim made an actual donation or stole it for money laundering purposes. As a result of Hankook Ilbo’s coverage on the 9th, it was found that Kim Man-bae paid 1.665 billion won to a temple in Yeoju-si between April 2019 and September 2021. Mr. Kim donated money several times over the past two years and six months, from immediately after dividends to Hwacheon Daeyu, etc., as a result of the Daejang-dong project, to just before the investigation into corruption in the Daejang-dong began. The source of the funding was Hwacheon Daeyu and Cheonhwa Dongin No. 1. In October last year, the prosecution…