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THE INVESTOR

Industrials

SK Group brass grilled in presidential scandal

  • PUBLISHED :March 16, 2017 - 14:40
  • UPDATED :March 16, 2017 - 14:40
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[THE INVESTOR] Three incumbent and former top executives of SK Group were summoned by the prosecution on March 16, in connection with former President Park Geun-hye’s scandal that led to her impeachment.

SK Group is suspected of donating large sums to foundations set up by her confidante Choi Soon-sil, in return for favors including a presidential pardon for imprisoned SK Group Chairman Chey Tae-won. 




In connection with the allegations, the investigators summoned former SK Group SUPEX Council Kim Chang-geun, Kim Young-tae and Lee Hyung-hee. Young-tae heads the council’s communications committee, and Lee is the CEO of SK Broadband.

Chang-geun held a one-on-one meeting with Park in July 2015, and on Aug. 15 of that year, Chey received a presidential pardon and was released from prison where he was serving a sentence for embezzlement.

Three months after Chey’s release, the group donated 6.8 billion won (US$6 million) to Choi’s Mir Foundation, and 4.3 billion won to K-Sports Foundation between February and April 2016.

Lee is said to have communicated with former presidential aide Ahn Chong-bum in 2015, regarding an SME specializing in data transfer technology.

Kim Young-tae is suspected of having visited Chey in prison before Aug. 15 2015, and informed him of the impending pardon.

By Choi He-suk (cheesuk@heraldcorp.com)
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