koreatimes.co.kr

HYBE Chairman Bang Si-hyuk referred to prosecutors over alleged 263.1b won gains

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Sig4.70Sen-6.30Env0.00Soc0.00Gov-7.60

A police file on HYBE Chairman Bang Si-hyuk was sent to prosecutors carrying a claim of 263.1 billion won in improper gains. After a 21-month financial crime probe, police referred Bang and four others to prosecutors without detention for suspected fraudulent unfair trading under the Capital Markets Act. Prosecutors will decide whether to indict, order more investigation, or drop the charge after earlier detention requests failed.

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