City
Epaper

Prosecutor's Office to issue an arrest warrant for Park Sam-gu, suspected of 'unfair support for affiliates'

By ANI | Updated: May 11, 2021 12:15 IST

The prosecution has filed an arrest warrant against former chairman of Kumho Asiana Group Park Sam-gu, who is accused of unfair support for affiliates.

Open in App

The prosecution has filed an arrest warrant against former chairman of Kumho Asiana Group Park Sam-gu, who is accused of unfair support for affiliates.

According to the prosecution on Monday, the Seoul Central District Prosecutor's Office Fair Trade Investigation Department (Chief Prosecutor Kim Min-hyung) requested a preliminary arrest warrant against former Chairman Park on charges of violating the Monopoly Regulation and Fair Trade Act.

Former Chairman Park is under suspicion of mobilizing affiliates to support Kumho Express, which has a high share of in-family ownership.

The prosecution, which received a complaint from the Fair Trade Commission, searched and seized the headquarters of Kumho Asiana Group in November last year, and the investigation began in earnest.

On April 15, former chairman Park was called in as a suspect and interrogated.

The prosecution also explained that in the case of the prosecution's investigation review committee filed by former chairman Park, the procedure was ended on May 7 in accordance with the clues of Article 7 (1) of the operating guidelines.

The provision stipulates that the chairman can terminate the procedure without proceeding for the formation of the deputy deliberation committee only if the request of the person concerned in the case is not subject to deliberation by the committee. (ANI/Global Economic)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Kumho Asiana GroupSeoul central district prosecutor's office fair trade investigation department
Open in App

Related Stories

InternationalGovt attorney books 30 suspects in Nepal's fake Bhutanese refugee scam

International Realted Stories

InternationalWUC weekly briefing exposes China's ongoing abuses and global pushback

InternationalPakistan Floods: Death Toll Crosses 300 as Torrential Rains Cause Widespread Destruction

InternationalActs of terrorism by Yunus regime: Awami League slams Bangabandhu anniversary violence

InternationalYunus, Bangladesh's top military brass greets people on Janmashtami as ISKCON priest languishes in jail

InternationalZelenskyy calls talks with Trump "long and substantive", backs trilateral meeting with Russia