The Central District Court in Seoul issued a ruling establishing that the final day for the statute concerning the “political stock market” was June 2021. This determination diverges from the precedent set in a prior court case involving his wife, Kim Kyong-hi, regarding the original basis of charges. Previously, the special prosecutor had filed an accusation against the individual and his wife.
The charges alleged that they received a total of 58 questionnaires from Myeongtaek Kyung—who was presented as a political intermediary—between April 2021 and March 2022. The prosecution contended that this activity caused damage to the public interest valued at approximately 270 million won, equivalent to about 158,000 euros. In its judgment, the court specifically found that by June 2021, the individual had obtained 14 questionnaires free of charge.
Beyond imposing a prison sentence, the court also ordered the confiscation of property interests totaling 13.9 million won, which amounts to approximately 158,000 euros. This ruling clarifies the timeline under which the activity was deemed improper, setting a specific legal boundary that differs from prior judicial interpretations. The court’s decision focuses narrowly on the period leading up to June 2021, forming the core basis for the financial penalties imposed.
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