[Breaking] 'Deutsche Motors Stock Manipulation' Kwon Osu Guilty... Suspended Sentence

Kwon Oh-soo, chairman of Doich Motors, who is suspected of stock manipulation and breach of trust, is attending the pre-arrest detention hearing at the Seoul District Court in Seocho-gu, Seoul on the 16th. Photo by Kim Hyun-min kimhyun81@

[Asia Economy Reporter Kim Daehyun] Former Chairman Kwon Osu, who was indicted for manipulating the stock price of Deutsche Motors, was sentenced to a suspended prison term in the first trial.

On the morning of the 10th, the Criminal Division 23 of the Seoul Central District Court (Presiding Judge Jo Byunggu) sentenced former Chairman Kwon, who was charged with violating the Capital Markets Act, to 2 years in prison with a 3-year suspension and a fine of 300 million won.