Tax accountant "Park Soo-hong's own brother's children are also unconventional and difficult to understand." Shock testimony

Sep 25, 2024

 Tax accountant 'Park Soo-hong's own brother's children are also unconventional and difficult to understand.' Shock testimony
A tax accountant who worked for Park Soo-hong's brother's company talked about an unconventional equity relationship.

On the afternoon of the 25th, the third trial of the appeals court was held at the Seoul High Court's Criminal Division 7 for Park Soo-hong's brother and his wife, identified only by their surname Park, who were indicted on charges of violating the law on the aggravated punishment of certain economic crimes. The trial was attended by his brother and his wife and his lawyer, and a tax accountant who worked for his brother's company served as a witness.

The tax accountant said on the same day that Park knew that she had transferred her shares in the entertainment agencies Lael and Media Boom to her children. He thought it was great that Park Su-hong agreed. It is a company made from Park Soo-hong's income, but it was not easy to understand that he would give his nephew a corporate stake in such a company. I thought it was senseless."

The tax accountant then said "The amount withdrawn by Park Soo-hong's permission did not return. If Park had just acquired the money and sold the corporation, she would have received the payment, and if she did, shouldn't she return it to Park Soo-hong. But I didn't give it back"I insisted that "private defraudation"

In addition, regarding the application for fact-finding, Park said, `I question how Kim Daye acquired 1.2 billion won of real estate at the age of his late 20s.' If Kim Daye has a history of receiving cash from Park Soo-hong, it is highly likely that the cash was given by the defendants. It has an important influence on the establishment of a crime. More important data to solve this case than privacy issues,' he repeatedly argued.

The prosecution said the allegation could be a second offense against Kim Daye, adding, `If you look at the details, the amount of the acquisition worth 32.5 million won is not unusual. I wonder why they keep applying. If necessary, he requested the dismissal, saying, "The data that will come out of the civil suit…" In response, the court said "We will carefully review it and decide whether to adopt it or not."

Earlier, Park Soo-hong's brother and his wife were accused of embezzling about 6.2 billion won, including Park's appearance fees, while running two entertainment agencies, Lael and Media Boom, for 10 years from 2011 to 2021.

In the first trial held in February, the court said Park embezzled about 700 million won and 1.3 billion won from two entertainment agencies, respectively. However, it was judged to be innocent of charges that Park Soo-hong's personal funds were stolen and used. The court found the case to be a case of abuse of the corporate system for tax evasion and acquitted Park of two years in prison, judging that evidence was insufficient to recognize his wife, Lee, as an accomplice.





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