Fair Trade Commission launches investigation into 'suspicious of giving all the work'

The Fair Trade Commission has recently launched an investigation into allegations that Chairman Kim Ho-yeon of Binggrae unfairly drove work to logistics affiliates owned by his children.

Binggrae is suspected of unfairly intervening in the process of its subsidiary Haitai Ice Cream cutting deals with its partner Dongsan Industries, which was responsible for the production of burabocon snacks and paper, and signing contracts with its logistics affiliate "on time."

In time, Chairman Kim's eldest son, eldest daughter, and second son owned all the shares.

Separately, the FTC's Daegu office is looking into whether Haitai Ice Cream was illegal in the process of cutting deals with existing suppliers and making deals on time.