South Korea: Ex-first lady Kim handed longer graft sentence
South Korea’s ex-first lady Kim Keon Hee sentenced to four years for stock manipulation, bribery, and accepting gifts from a church in exchange for favors.
South Korea’s ex-first lady Kim Keon Hee sentenced to four years for stock manipulation, bribery, and accepting gifts from a church in exchange for favors. | Contesto: cronaca
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- South Korea: Ex-first lady Kim handed longer graft sentence
Contesto
SEOUL — Kim Keon Hee, the wife of former President Yoon Suk Yeol, was handed a four-year prison sentence on charges of stock manipulation and bribery, a court ruled on Friday, escalating legal troubles for the once-powerful couple. The Seoul Central District Court found Kim guilty of orchestrating a scheme to inflate stock prices of a company linked to her associates, and of accepting expensive gifts from a controversial church while knowing it expected political favors in return. The verdict marks a significant turn in a case that has gripped South Korea for months, as Kim becomes the latest figure in the country’s political elite to face serious corruption allegations. Kim, who served as first lady during Yoon’s single term from 2022 to 2027, was accused of using her influence to manipulate the stock market for personal gain. Prosecutors argued that she coordinated with business figures to artificially boost the value of shares in a pharmaceutical firm, netting millions of dollars before the scheme unraveled. The court agreed, citing evidence of coordinated trades and communications that showed Kim’s direct involvement. Additionally, the judge noted that Kim accepted luxury goods and cash from the Shincheonji Church of Jesus, a religious group often criticized as a cult, and that the gifts were given with the expectation that she would use her position to shield the church from government scrutiny. The trial has drawn intense public attention, reflecting broader concerns about corruption and the intertwining of political power with business and religious interests in South Korea. The case also raised questions about Yoon Suk Yeol’s own knowledge of his wife’s activities, though he has not been charged. Yoon, who left office amid low approval ratings, has denied any wrongdoing and described the legal proceedings as politically motivated. However, the court’s ruling suggests that the evidence against Kim was substantial, and legal experts say the verdict could set a precedent for how similar cases involving high-profile figures are handled in the future. Kim’s legal team has announced plans to appeal the sentence, arguing that the prosecution failed to prove...
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Categoria: cronaca