Prosecutors Are Not Prosecuting Kim Gun-hee for Allegations Of Deutsche Stock Price Manipulation

[Anchor]
Prosecutors investigating Kim Gun-hee's alleged manipulation of Deutsche Motors' stock price have not indicted Kim and Kim's mother Choi Eun-soon.

The investigation was completed in four and a half years.

I'll connect you to a reporter for more information. Reporter Kim Dahyun!

[Reporter]
Yes, this is the Seoul Central District Prosecutors' Office.

[Anchor]
The prosecution ultimately did not indict Kim, did it?

[Reporter]
Yes, there were many predictions that the prosecution would not prosecute Kim for her alleged involvement in Deutsche Motors stock price manipulation.

It was announced a moment ago that the case was finally closed without charge.

In addition, Mrs. Kim's mother, Choi Eun-soon, was not indicted because she believed there were no related charges.

The prosecution held a so-called "Red Team" meeting with prosecutors from the Seoul Central District Prosecutors' Office yesterday (16th) to conduct a final review, but the investigation team's conclusion was not reversed.

In this regard, the prosecution has been conducting an official briefing with reporters for a while.

[Anchor]
Why did you clear Mrs. Kim?

[Reporter]
In a word, I haven't found a circumstance that would have made Mrs. Kim aware of market manipulation.

Mrs. Kim has a total of six accounts involved in Deutsche Motors stock price manipulation.

First of all, Shinhan Investment & Securities and DB Securities are not subject to investigation due to the completion of the statute of limitations,

Looking at the other four accounts, we have suspicious circumstances, but we haven't found any conclusive clues, or
The
court also judged that it was not used to manipulate the market price.

[Anchor]
How did you judge the account of the alleged "seven-second sale" that Kim directly signed the transaction immediately after the main gun contacted each other?

[Reporter]
Again, the prosecution judged it not guilty on the grounds that the "communication of intention" was not confirmed.

The prosecution suspected that Kim had been selling for 11 trading days at a time when the stockbroker discussed the sale with an employee of a securities company, and that the transaction signed on the last two days was a "trading."

Joo-po, Kim, and former chairman Kwon all denied that they had "not informed Kim of the manipulation of the market price," and no decisive contact has been confirmed.

In this regard, the first investigation team during the Moon Jae In government requested a search warrant for Kim to check the communication records at the time, but it was reportedly rejected by the court.

[Anchor]
How did Mrs. Kim's mother, Choi Eun-soon, be found not guilty?

[Reporter]
The part about Mrs. Kim's mother can be found in the court ruling.

It was determined that one of Choi Eun-soon's two accounts was not used to manipulate the market price,
The other one,
, was run by former chairman Kwon Oh-soo himself, so Choi was not aware of the manipulation of the market price.

The prosecution also made this judgment based on the investigation into Choi and the officials.

[Anchor]
With the prosecution not prosecuting, what controversy is expected?

[Reporter]
Yes, the prosecution says it is the result of a strict review of the charges in accordance with evidence and legal principles without any other consideration, but it seems difficult to avoid controversy.

Following the luxury bag case, Mrs. Kim was cleared of charges one after another,

There is a high possibility that the 'controversy over neglect', which was also a problem at the time of the investigation into Kim's luxury bag, will be raised again this time.

There is also a criticism that the prosecution has raised controversy with its belated investigation.

It is expected that the political aftermath, including the special prosecutor's offensive, will be formidable at the Central District Prosecutors' Office's parliamentary audit scheduled for tomorrow.

I'm Kim Da-hyun of YTN at the Seoul Central District Prosecutors' Office.