Tag: kim seong-tae

kim seong-tae

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No evidence President Lee ordered North Korea payments, police conclude

Seoul police said there is no evidence Lee Jae Myung ordered Ssangbangwool to send $8 million to Pyongyang and closed the case.

2026.7.14

Former Ssangbangwool CEO Kim Seong-tae arrives at Incheon International Airport on Jan. 17, 2023 after being arrested in Thailand where he had stayed for eight months. [YONHAP]

Underwear boss accused of illegal North Korea remittance to be released on bail

According to the prosecutors' office, Kim Seong-tae of Ssangbangwool paid North Korea $8 million to facilitate the visit of Democratic Party leader Lee Jae-myung to North Korea when he was Gyeonggi governor.

2024.1.23

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Democratic Party leader Lee Jae-myung is picturing during his 'indefinite' hunger strike in front of the National Assembly building on Thursday. [YONHAP]

DP leader Lee Jae-myung to appear before prosecutors for questioning on Saturday

Democratic Party leader Lee Jae-myung is to be questioned regarding his alleged involvement in the illegal transfer of $8 million from Ssangbangwool (SBW) to North Korea between 2018 and 2019.

2023.9.7

Democratic Party leader Lee Jae-myung at the National Assembly on Wednesday. Lee has been on a hunger strike since Thursday. [YONHAP]

Prosecutors tell DP leader Lee Jae-myung to show up this week for questioning

Lee responded that he will appear on Sept. 12. This scheduling dispute marks the third time that the prosecutors' office and Lee have clashed over the timing of his questioning. Lee had previously declined two proposed dates citing busy schedule.

2023.9.6

Democratic Party leader Lee Jae-myung speaks at an event on universal basic income at Ewha Womans University in Seodaemun District, western Seoul, on Wednesday. [YONHAP]

Prosecutors to summon DP chief over North Korean lobbying

Prosecutors plan to summon Democratic Party (DP) leader Lee Jae-myung on suspicion of being a party to bribery in relation to an underwear company’s illegal lobbying of North Korea.

2023.8.23

DP’s political targeting repeats again

The DP can raise issues in the standing committee meetings or legislative audit sessions, but the party chose a dangerous path toward encouraging its supporters to revolt against the prosecution — and broadly the government.

2023.7.31

Lee Hwa-young, former deputy governor of Gyeonggi, attends his arrest warrant review at the Suwon District Court on Sept. 28. [YONHAP]

Noose tightens around Lee Jae-myung as key ally spills

A close ally of Democratic Party (DP) leader Lee Jae-myung told investigators that Lee was aware that the former chairman of an underwear company had made payments to North Korea on his behalf, according to state prosecution officials.

2023.7.20

Ahn Bu-soo, former chairman of Asia-Pacific Exchange Association. [YONHAP]

Middleman sentenced for illegal money transfer to North

Ahn Bu-soo is the first figure to be convicted over the illegal wiring of money to North Korea for the political purpose of getting Pyongyang to send an invitation to Democratic Party leader Lee Jae-myung when he was Gyeonggi governor.

2023.5.23

Prosecutors raid an office of the Gyeonggi Provincial Office in Suwon, Gyeonggi on Wednesday, as part of their investigation into alleged cash remittances to North Korea by the Ssangbangwool (SBW) group. [NEWS1]

Gyeonggi gov't offices raided in North remittances probe

Prosecutors raided Gyeonggi Provincial Government offices Wednesday as part of their investigation into alleged cash remittances to North Korea by the Ssangbangwool (SBW) group.

2023.2.22

[Editorial] Don’t brush it off simply as ‘a novel’

If Lee Jae-myung is really a man of integrity, he must cooperate with the prosecution to find the truth behind mushrooming suspicions.

2023.2.1