World · East Asia & Pacific · 2 hrs ago
Seongnam agency sues over 2.2 billion won linked to Kim Man-bae's wife
Seongnam Urban Development Corporation has filed a lawsuit concerning assets belonging to Kim Man-bae's wife.
The suit seeks to cancel a transaction described as a fraudulent transfer and involves 2.2 billion won.
Kim is a major shareholder of Hwacheon Daeyu Asset Management.
The case is connected to the Daejang-dong development corruption case in South Korea.
The suit is aimed at assets held by Kim's wife, rather than describing a new criminal charge against her.
The company has announced the filing, but no further steps or outcome are stated.
Seongnam Development Corporation said it filed a lawsuit concerning the assets of Kim Man-bae’s spouse.
The suit seeks cancellation of a transfer alleged to be a fraudulent act.
The case is related to the Daejang-dong development corruption scandal.
The headline puts the amount linked to the spouse at 2.2 billion won.
The corporation announced the filing on the 16th.
- Who
- Seongnam Development Corporation filed the lawsuit against assets belonging to Kim Man-bae’s spouse.
- What
- It filed a suit seeking cancellation of a fraudulent act.
- When
- The corporation said it filed the suit on the 16th.
- Where
- Seongnam, South Korea.
- Why
- The suit is related to the Daejang-dong development corruption case.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Amount in headline
- 2.2 billion won
- Plaintiff
- Seongnam Development Corporation
- Person linked to assets
- Kim Man-bae’s spouse
- Related case
- Daejang-dong development corruption scandal