Suspicion of Unfair Loans by Relatives Son Tae-seung, former chairman of Woori Holdings, is at a crossroads.

Former Woori Financial Group Chairman Sohn Tae-seung, who is suspected of causing damage to Woori Bank by engaging in unfair loans worth 40 billion won to relatives and others, is at a crossroads.

The Seoul Southern District Court will question former chairman Sohn before his arrest at 2 p.m. today (26th).

Arrest is expected to be decided tonight or early tomorrow morning.

Earlier, the Financial Supervisory Service requested the prosecution to investigate Woori Bank after detecting that it unfairly lent about 35 billion won to former chairman Sohn's relatives and related corporations from April 2020 to January this year.

After nearly three months of investigation, the prosecution identified additional illegal loans worth 8 billion won.

Sohn's brother-in-law, identified only by his surname Kim, who is considered a key official in unfair loans, and former head of Woori Bank's headquarters were arrested in September and last month and put on trial.