Kim Seong-tae, former chairman of Ssangbang-wool, was sent to the prosecution immediately after entering Korea yesterday (17th) and underwent intense investigation.

Prosecutors are expected to issue an arrest warrant sometime today.

The first news, Reporter Eom Min-jae reports.


] Former chairman Kim Seong-tae, who was repatriated after 8 months of escape, was sent to the Suwon District Prosecutor's Office after arriving at Incheon International Airport and subjected to intense investigations for 13 hours until midnight.

It is known that the prosecution first focused on the investigation of the allegations necessary to request an arrest warrant.

It is said that he focused on the charges of embezzlement of 10 billion won of money listed in the arrest warrant and the charge of breach of trust that caused damages of 400 billion won to the company.

The suspicion that the Ssangbangwool Group created slush funds in the process of issuing convertible bonds worth 20 billion won in both 2018 and 2019 and having related companies purchase them is also subject to investigation.

Kim denied most of the charges during his extradition.

[Kim Seong-tae/Former Chairman Ssangbang-ul: (About the creation of the slush fund?) If you investigate later, you will know, but what kind of slush fund.

(There was no slush fund itself right now?) To make convertible bonds for the company, what kind of slush fund...


Lee Jae-myeong, the representative of the Democratic Party, refuted the allegation of paying lawyer fees more clearly.

[Kim Seong-tae/Ssangbang-ul, former chairman: Lee Jae-myung has never called, but he doesn't even know the phone number.

Anyway, I'm a person who lacks a lot...


Former chairman Kim is also involved in allegations that he smuggled 6.4 million dollars to China and illegally remitted them to North Korea, and that he bribed Lee Hwa-young, former vice-governor of peace in Gyeonggi-do.

As the arrest warrant expires tomorrow morning, the prosecution is expected to seek an arrest warrant for former chairman Kim this afternoon at the earliest.

(Video coverage: Kim Nam-seong, video editing: Park Chun-bae)