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

2024.10.17 AM 11:47
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[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.

Finally, we decided to close the case without charge.

Yesterday, the so-called "Red Team" meeting was held to conduct a final review, but the investigation team's conclusion was not reversed.

In this regard, the prosecution has been briefing reporters for nearly two hours.

[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, who was involved in Deutsche Motors stock price manipulation, has a total of six accounts.

The court judges that three of them were mobilized to manipulate the market price, but prosecutors say there is no evidence that Mrs. Kim made transactions to manipulate the market price or recognized related facts, although there are suspicious circumstances about these three accounts.

[Anchor]
Immediately after the main gun contacted each other, Kim signed the transaction himself, and the account was interested in the alleged "seven-second sale." How did you judge this specifically?

[Reporter]
The prosecution suspected that two of Kim's transactions were made after being contacted by former chairman Kwon Oh-soo.The former chairman of

and others all denied that they had informed Mrs. Kim of the manipulation of the market price, and the decisive contact details were not confirmed, so they were also acquitted.The prosecution believes that it is difficult to say that Kim was aware of the manipulation of the market price, as it is highly likely that the former chairman

hid the manipulation of stock prices and recommended the sale.

[Anchor]
Why did the prosecution judge Kim differently when Jeonju Sohn was convicted of aiding and abetting in the Deutsche stock price manipulation case?

[Reporter]
It is explained that Mrs. Kim could not be charged with assistance like Mr. Son, as she was not aware of the crime.

The prosecution emphasized that Son, who was found guilty of aiding and abetting stock price manipulation, has objective evidence such as text messages discussing price manipulation and supports statements made by officials.

[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 judged that one of Choi Eun-soon's two accounts was not used to manipulate the market price, and the other 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.

As the prosecution cleared Kim's case one after another following the luxury bag case, there is a high possibility that "controversy over neglect" will be raised again this time, and criticism of the investigation is expected to be made belatedly.

Therefore, it is expected that the aftermath, such as the special prosecutor's offensive, will be severe 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.



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