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August 21, 2023 [Hong Sa-hoon's Economic Show] KBS 1Radio FM 97.3MHz Mon-Fri 16:05-16:54 Guest: Former People's Power Party member Yoo Seung-min The prosecution demanded 4 years in prison for Mr. Min, another accomplice in the Deutsche Motors stock manipulation case. Mr. Min fled to the United States when the prosecution investigation began two years ago, and returned to Korea at the end of last year and was additionally indicted. In particular, Mr. Min is suspected of creating the so-called Kim Gun-hee file, which records the withdrawals and balances of President Yoon Seok-yeol's wife Kim Gun-hee's securities account, as well as the number of stocks sold. A heavy sentence of 4 years in prison was demanded for the person who created the file containing Mrs. Kim Gun-hee's transaction history, but there has been no news of an investigation into Mrs. Kim Gun-hee, who is actually a party to the file. When the opposition party pushed for a special prosecutor in March, the prosecution announced that it would investigate Mrs. Kim Gun-hee without any restrictions on the method, including summons and questioning. It has been 3 years and 4 months since the investigation into the stock price manipulation of Deutsche Motors began, but they have not even announced whether Ms. Kim Gun-hee was involved in the crime. To be honest, I doubt if there is even an investigation into Ms. Kim Gun-hee right now. All the people of South Korea are watching. If they set a precedent that powerful people can get away with stock price manipulation, a sound and fair capital market will become impossible in South Korea. #Yoo Seung-min #Hong Sa-hoon #Hong Sa-hoon's Economic Show