Ex-Aide to Lawmaker Baek Indicted Over 95 Million Won in Bribes

Payments Allegedly Made in Return for Business Favors to Healthcare Firm Startup CEO Also Indicted and Detained on Embezzlement, Bribery Charges

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By Shin Seo-heeshshin@sedaily.com
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Seoul Central District Prosecutors' Office. News1 - Seoul Economic Daily Society News from South Korea
Seoul Central District Prosecutors' Office. News1

A former aide to People Power Party lawmaker Baek Jong-heon has been indicted and detained on charges of accepting about 95 million won ($68,000) in cash and valuables in return for granting business favors to a healthcare startup.

The Seoul Central District Prosecutors' Office anti-corruption investigation division said on the 30th that it had indicted and detained the 46-year-old former aide, identified as A, on charges including bribery. The 39-year-old head of the healthcare startup, identified as B, who allegedly provided the money, was also indicted and detained on charges including embezzlement and offering bribes.

According to prosecutors, B allegedly embezzled about 900 million won in company funds by falsely registering family members and acquaintances as employees, and handed about 95 million won of that amount to A as bribes. In return, A allegedly arranged for government agencies to use B's company's programs and passed on information about the progress of an investigation by the Ministry of Food and Drug Safety.

B also faces charges of obtaining about 440 million won in subsidies by submitting false proposals for projects commissioned by a state-run institution.

Prosecutors also charged A with falsely hiring an acquaintance, identified as C, as a secretary in the lawmaker's office, allowing C to collect about 33 million won in salary from the National Assembly. Prosecutors indicted C on fraud charges without detention.

Original reporting by Shin Seo-hee for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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