Seoul Central District Court docket Presiding Decide Park Jeong-ho, who oversees warrant affairs, dismissed all arrest warrants for 4 people together with MBK Companions Chairman Kim Byung-joo and Vice Chairman Kim Kwang-il (Homeplus Co-CEO) within the early morning of the 14, after conducting pre-arrest suspect interrogations (warrant substantive evaluate) for the 4 people yesterday.
Asset administration firm MBK Companions said “We’re grateful for the court docket’s sensible determination” as arrest warrants for all 4 executives have been dismissed on today.
In an announcement launched instantly after the court docket’s dismissal determination, MBK Companions mentioned, “We perceive this determination because the court docket’s recognition that the positions of MBK Companions and Homeplus concerning the authorized ideas and factual relations of this matter are legitimate.”
MBK Companions additionally said, “The prosecution has misunderstood the efforts of MBK Companions and Homeplus to normalize the businesses by way of rehabilitation,” and “MBK Companions and Homeplus will faithfully make clear their positions based mostly on factual relations and authorized ideas in future authorized proceedings as effectively.”
The corporate added, “MBK Companions and Homeplus have endured accountable choices to normalize the businesses by way of rehabilitation, and can proceed to do our greatest for the normalization of the businesses going ahead.”