Black-and-white chef 'Korean Food University'Lee Young-sook's controversy over 100 million debt investment'"I haven't paid it back for 14 years"

Oct 29, 2024

Black-and-white chef 'Korean Food University'Lee Young-sook's controversy over 100 million debt investment''I haven't paid it back for 14 years'



Chef Lee Young-sook, who became famous for 'Black and White Cooks' and 'Korean Food Battle 2', is embroiled in a controversy over the 100 million debt investment.

On the 28th, a media outlet reported that Lee Young-sook, CEO of Nagyung Mushroom Farm, borrowed 100 million won from Cho in April 2010, but has not paid it back for 14 years.

According to reports, Lee borrowed 100 million won from Cho, the head of shiitake mushroom-related association, to open a local restaurant and wrote an IOU with an expiration date of April 2011. However, Cho did not receive the money until the promised deadline, and Cho died in July 2011, three months after the expiration date.



Black-and-white chef 'Korean Food University'Lee Young-sook's controversy over 100 million debt investment''I haven't paid it back for 14 years'
Later, Cho's son A found out about this when he found an IOU in his wallet while organizing his father's belongings. However, CEO Lee denied that he had borrowed , and A's family filed a civil lawsuit that year. The court ruled in 2012 to pay back 100 million won, but CEO Lee did not repay the debt, saying, `I have no money.' In the end, A seized the land owned by Lee and received 19 million won through an auction.

CEO Lee, who did not pay back the rest of the amount, later participated in the entertainment program 'Korean Food Battle' in 2014 and won the prize money of 100 million won. Nevertheless, he still did not pay back, and Cho's bereaved family filed a bond seizure and collection order with the court in 2018, which the court accepted but continued to receive no remaining money.



Mr. A claimed in an interview with the media that `The amount that Representative Lee has to pay back to my family has now exceeded 300 million won, including interest.' In this regard, representative Lee said "There are differences in positions with each other. I borrowed some money, but I paid it back" reported his position.





jyn2011@sportschosun.com