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Kim Bong-hyun (46), who was behind Lime Asset Management, was sentenced to 4 years in prison by the former administrator of the Blue House, Kim Mo (46), who received bribes from the former president of Star Mobility and stole information of the Financial Supervision Service. To the government official who served as a ‘fixer’ for the suspension of buybacks of 1.6 trillion won in funds, the court said, “The public’s trust is damaged and the crime is serious.” Even after former Administrator Kim, the situation involving incumbent lawmakers and former President Kim was revealed one after another, and the Lime incident is assessed as a proxy-type corruption.
The 12th Criminal Division of the Seoul Southern District Court (Presiding Judge Oh Sang-yong) sentenced to 4 years in prison and a fine of 50 million won and ordered an additional collection of 36.66 million won on the sentence of the former Administrator Kim, who was charged with bribery under the Special Law on the 18th. The four years in prison saw the acceptance of the sentence proposed by the Prosecutor’s Office in the sentencing trial of the 4th. The judge said: “The amount of bribery is not small and the crime is serious because it is committed several times in a short period of time ”. “If the crime of bribery of the accused is not carried out in a severe manner, the innumerable traps that accompany it cannot be prevented.”
Former Administrator Kim, a former FSS official, worked in the Blue House Senior Office of Economics for a year from February last year, and was arrested in May on charges of receiving more than 37 million won, including alcohol and golf expenses, from former President Kim. The judge said: “The public’s trust in the FSS staff, who work sincerely, has been damaged by the illegal act of the accused.” The judge said, “The crime is serious” because former administrator Kim gave him the inspection documents from FSS Lime Asset Management. “Because he was sent as administrator in the Blue House, it seems that he would have easily obtained documents from his colleagues at the FSS.”
The judges pointed out that “crimes that use delays and academic relations in public affairs only add suspicion and deprivation to the public regarding the fairness of the performance of functions of public officials.” This means that former administrator Kim dismissed the appeal for requesting a predecessor, saying, “It was difficult to reject the request because I was a former high school student in the trend with former President Kim.” Former administrator Kim has also been tried on charges (third-party bribery) for sitting his younger brother as an outside director of Star Mobility and receiving 19 million won on behalf of salary. The judge said: “There is also the possibility that if the defendant had not received a bribe from former President Kim, the defendant would have firmly rejected the request for information about the Lime prosecutor and would not have committed a crime.”
Former manager Kim is a person introduced as “the person who locks Lime in the Blue House” in the transcript of a dialogue between Daishin Securities officials and investors who sold Lime Funds for more than 1 trillion won. The transcript of this dialogue was posted by Kim Han-seok, a comedian who suffered hundreds of millions of dollars in damages after investing in the Lime Fund. Former President Kim was arrested in April and is on trial under the Seoul Southern District Law and the Suwon District Law after being arrested for embezzling 24.1 billion won from passengers from Suwon. Lee Sang-ho (55), former president of the Busan Saha-eul district of the Democratic Party, has also been arrested for receiving illegal political funds from former President Kim.
Reporter Heo Gyeong-gu and Kang Bo-hyun [email protected]
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