Lee Hyo-sik is Finance Desk editor at The Korea Times. He manages finance-related stories on macroeconomics, banks, stocks, bonds, crypto etc. He is passionate about covering what's happening in Korea's financial industry and explaining it to both Korean and non-Korean readers. You can reach him at leehs@koreatimes.co.kr. Your insights and feedbacks are always appreciated.
SLS Group chief faces summons today
Allegations heaped against former presidential aide Shin Jae-min
By Lee Hyo-sik
A businessman has revealed new evidence against a former aide to President Lee Myung-bak who he alleges had received more than 1 billion won ($850,000) won from him over the past decade.
At a press briefing in his office in southern Seoul, SLS Group Chairman Lee Kook-chul made public a spending list of a corporate credit card which Lee claimed Shin Jae-min, former vice minister of Culture, Sports and Tourism, had used.
His revelation came before the Seoul Central District Prosecutors’ Office plans to