| Citizen Kim In Korean Court |
| Fri, February 28, 2014 |
|
In the first segment, we told you how the Citizen Kim scandal is playing out here in Belize. But meanwhile the man himself, Won Hong Kim is in Korea before that country's Supreme Court.
He's been indicted to stand trial for a massive, multi-million dollar embezzlement case involving the SK Group, country's third largest conglomerate.
Chairman for the SK Group Chey Tae-Won, and Vice-Chairman Chey Jae-Won, who are brothers, say that Won Hong Kim, as their "mentor" advised them on how to proceed with investments which amounted to embezzlement of 42.2 million U.S. dollars from the SK Group, including SK Telecom, the country's largest mobile telephone carrier.
The Supreme Court dismissed the appeal of the Won brothers yesterday and upheld their prison sentences of 4 years for Chey Tae and 3 and a half years for Chey Jae.
The Korean Times also reports that Kim, who was extradited to Korea, was convicted in January of this year of the same embezzlement. In the case which ended yesterday, they wanted to call him as a witness in their appeal, but the court ruled that his evidence would not be accepted.
|
