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As you saw earlier, Jeon Jae-guk said he would give up his father's fines seven years ago and said he would give up more than half of the company's stake. However, even after more than half, Jeon continued to retain the company's dominance and even returned to his position last year.

Reporter Im Chan-jong continues to report how this was possible.

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Jeon Jae-guk traced the whereabouts of a 51% stake in Book Plus, a privately held company that he offered for paying fines in 2013.

The 204,000 shares of Book Plus, which account for 51% of the shares, were inspected 10 times, and only in May last year were sold to Mr. A for 650 million won through public auction.

However, Mr. Jeon Jae-guk returned to the position of CEO after six months in November, six months after his 51% stake was passed to Mr. A. The company's dominance remained in effect even after the share was passed.This is because the number of shares held by Jeon Jae-guk increased in July last year, just after Mr. A's acquisition of 51% of the stake.

At that time, Book Plus promoted a paid-in capital increase by allocating new shares to the shareholders who invested 2 billion won from shareholders and then issued additional shares. Is to increase the number of shares held.[A / Bookplus' new largest shareholder: (Company) Capital was 2 billion, but it seemed very strange to increase the same amount (paid). I thought (from the beginning) that no one other than Jeon Jae-guk would participate (in the capital increase).

Mr. A explained that Jeon Jae-guk joined the friendship and secured more than 50% stake again.

The question is whether Jeon Jae-guk's side mobilized tricks to maintain control of the company.

[Kyung-Yul Kim / Certified Public Accountant (CEO of Economic Democracy 21): What happened as a result of this increase in capital, in the end, Mr. Jeon Jeok-guk had so-called management rights, and there was a dangerous moment to lose management rights. In

this regard, the book plus said that they faced a bankruptcy crisis at the time and needed a paid-in capital increase to raise funds, and Mr. A refused to participate in the paid-in capital increase, and only Mr. Jeon was legally involved.

He also insisted that Mr. Jeon Jae-guk returned to the CEO since he needed an official position to guarantee the company's debt.

(Video coverage: Senior style · Kim Tae-hoon, Video editing: Park Jin-hoon)

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