Overview
- Prosecutors indicted Lee Jong-ho under detention on charges of violating the Attorney-at-Law Act after he allegedly took over 80 million won to seek a reduced sentence for another figure in the case.
- Investigators raided 10 locations including Well Biotec’s Seoul headquarters as they probe suspected Sambu-related stock manipulation tied to touted Ukraine reconstruction deals.
- Well Biotec shares jumped from below 1,500 won to 4,610 won between May and July 2023, with about 40 billion won in investor gains and convertible-bond activity flagged by the special counsel.
- A court issued an arrest warrant for shaman Jeon Seong-bae on suspicion he funneled luxury gifts on behalf of the Unification Church, with judges citing a high risk of evidence destruction.
- Kim Keon Hee skipped a planned fourth questioning session on Saturday due to health issues after largely remaining silent in three prior interrogations, and she has been summoned again for Monday.