<Anchor> The

representative of Eun-Sang Moon of Sillagen, who once exceeded the market cap of 9 trillion won, was recently investigated by the prosecution. In the process of issuing new bonds for the acquisition of stocks, it was confirmed that the company held a self-board of directors and was intensively investigated for suspicion of taking over without own money.

This is the sole report of reporter Park Won-kyung.

<Reporter>

Moon Eun-sang, a representative of Shinragen, who was recently investigated by the prosecution as a suspect.

[Moon Eun-sang / Sillan President (last month 27): (Do you admit that you have made hundreds of billions of won in profits using the paper company?)… … .] The

prosecution is said to have focused on the process of issuing a large amount of BW, which was the decisive moment for Moon to become the largest shareholder of Sillagen.

On March 4, 2014, Moon acquired 4.57 million shares of BW, which had the right to acquire Sillagen shares for 3,500 won.

However, his own money was never paid.

Investor advisors, whose representatives are Moon's relatives, borrowed from securities companies for 35 billion won, and paid them back to Sillagen.

In this process, short-term corporate bonds with a maturity of two days were used.

The BW issuance was decided at the board meeting held on February 27, 2014.

At the time, only the Moon and two former executives who were arrested attended the board of directors, and it was found that other directors were not informed.

The prosecution suspects that the issuance of BW is to meet the KOSDAQ listing requirements that set the largest shareholder's stake after listing to 20% or more.

In a prosecution investigation, Moon was said to have claimed that the issuance of BW was legal.

However, the prosecution said that two ex-executive officers who were charged with the same charges have already been arrested, and as Moon is the biggest beneficiary of the BW issuance, he is considering a method for requesting a warrant for arrest against Shinragen and allegations of violation of the Capital Market Act. Known.

(Video coverage: Doowon Yang, Video editing: Jongtae Kim)