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Prosecutors Request Supplementary Investigation into Kimganae Chairman Over 600 Million Won Embezzlement Allegations

Prosecutors Request Supplementary Investigation into Kimganae Chairman Over 600 Million Won Embezzlement Allegations
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▲ Seoul Northern District Prosecutors' Office

The prosecution has requested that the police conduct a supplementary investigation into allegations that Kim Yong-man, chairman of the restaurant franchise Kimganae, embezzled hundreds of millions of won.

The Seoul Northern District Prosecutors' Office returned the case involving Chairman Kim, who was referred by the police in June on charges of embezzlement under the Act on the Aggravated Punishment, etc. of Specific Economic Crimes, to the police on July 9.

The prosecution's request for a supplementary investigation is interpreted as a judgment that the initial police investigation was insufficient.

An official from the Seongbuk Police Station, which received the case back, stated, "It is difficult to provide specific details regarding an ongoing investigation."

Chairman Kim is accused of embezzling approximately 600 million won in company funds between January 2023 and the following year.

The police suspect that he personally misappropriated incentives and commissions provided to the company by suppliers of food ingredients and partner interior construction firms.

Chairman Kim was also sentenced to three years in prison, suspended for five years, in May for attempted quasi-rape of an intoxicated female employee.

(Photo: Provided by Yonhap News TV, Yonhap News)
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