Politics
Ex-Deutsch Motors head found guilty in stock manipulation linked to first lady
Feb. 10, 2023
The former chairperson of Deutsch Motors, Kwon Oh-soo, was handed a suspended prison sentence on Friday in the company stock manipulation case which South Korea’s main opposition party claims first lady Kim Keon Hee is implicated in. In the first trial, Kwon was sentenced to two years in prison on three years of probation and 300 million won ($237,000) in fines for violating capital market law. In total, he was found guilty in more than 3,000 different instances of fraudulent transactions,