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There is growing concern that Chairman Heo Min of Kiwoom Heroes will privatize the club. How can Chairman Huh, who has no stock in Heroes, control the club like the owner?



Let's listen to reporter Kim Jung-woo.



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Heo Min, former CEO of WeMef, was appointed as the Chairman of the Heroes Board of Directors two years ago in December and takes on the role of'management supervisor'.



However, in a year, two new managers were virtually stiff and intervened in personnel affairs by appointing the club representative and manager.



Rather than overseeing the management, he assumed the role of the owner.



This is impossible without the consent of former CEO Jang-Seok Lee, the major shareholder of Heroes Inc.



KBO conducted a special investigation at the end of last year against Lee, who was arrested on charges of corruption and embezzlement.



This period oddly overlaps with the time when former CEO Lee paid 4.5 billion won for embezzlement and was commuted to his sentence in the second trial.



Nevertheless, KBO did not investigate Chairman Huh separately in the Special Investigation Committee as well as the subsequent reward and punishment committee.



Chairman Huh denies allegations of financial transactions with former CEO Lee.



With the KBO actually giving indulgences, concerns and suspicions over the controversy over Chairman Huh’s “privatization of the club” continue to grow.



(Video editing: Woo Ki-jung)