Suspicions Raised Over Ties With Company CEO
Special Prosecutor Min Explains, "Invested Through an Acquaintance's Introduction"
Min Jung-ki, the special prosecutor investigating various allegations against Kim Gun-hee, explained the "solar energy company stock sale" suspicion by stating, "I invested through an acquaintance's introduction and later sold the shares on the recommendation of a securities company employee."
Min Jung-ki, the special prosecutor in charge of the case related to allegations against Kim Gun-hee, wife of former President Yoon Seok-yeol, along with deputy special prosecutors, made remarks after unveiling the signboard at the special prosecutor's office set up in the KT Gwanghwamun Building West in Jongno-gu, Seoul on July 2, 2025. Photo by Jo Yong-jun
On the 17th, the special prosecutor's team for Kim Gun-hee announced to the media, "Special Prosecutor Min Jung-ki invested approximately 30 to 40 million won in the company in the early 2000s through an acquaintance who was not affiliated with the company. Around 2010, he sold the company's shares for about 130 million won following the recommendation of a securities company employee."
The previous day, some media outlets reported that Special Prosecutor Min, while serving as a presiding judge at the Seoul High Court, sold unlisted shares of the solar materials company Neosemitech just before they were delisted, earning about 150 million won in capital gains. The company was delisted after the shares were sold due to accounting fraud.
Suspicions have been raised that Special Prosecutor Min may have gained unfair profits, as he was known to be a high school and university classmate of the company's CEO and sold the shares just before delisting.
Meanwhile, it is known that Kim Gun-hee also traded Neosemitech shares at one point. The special prosecutor's team previously investigated this investment while probing Kim Gun-hee's alleged stock price manipulation of Deutsche Motors.
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