Majority shareholder of Bodyfriend private equity fund 'violating the Lawyers Act' dismisses warrant

Han Joo-hee, a major shareholder of a private equity fund who invested in Bodyfriend, a massage chair company, was exempted from arrest.

The Seoul Central District Court rejected the arrest warrant filed against Han today (9th), saying it is difficult to admit the necessity and considerability of his arrest.

The court said that even if the crime and investigation results added after the rejection of the arrest warrant were combined, there is still a need to guarantee Han the right to defend himself, and there is no fear of destroying evidence or running away.

Han is accused of violating the Lawyers Act in connection with lobbying for pending body friend issues, fraud and breach of trust related to in-house loans, and embezzlement in business.

Earlier, the prosecution also requested an arrest warrant for Han in November last year, but the court rejected some of the charges, saying they were likely to be disputed and there was no fear of destroying evidence and running away.