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Reading: Ex-South Korean President Moon Indicted in Bribery Case
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StockWaves > Financial News > Ex-South Korean President Moon Indicted in Bribery Case
Financial News

Ex-South Korean President Moon Indicted in Bribery Case

StockWaves By StockWaves Last updated: April 24, 2025 3 Min Read
Ex-South Korean President Moon Indicted in Bribery Case
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April 24, 2025April 24, 2025





Former South Korean President Moon Jae-in was indicted Thursday over bribery fees tied to a no-show job given to his son-in-law throughout his presidency.

Prosecutors allege Moon obtained advantages value 217 million received ($151,700) from Lee Sang-jik, founding father of Eastar Jet, by way of wages and help supplied to Moon’s former son-in-law between 2018 and 2020.

Lee, a Moon marketing campaign supporter, was additionally indicted. Whereas no direct favours had been confirmed, prosecutors imagine Lee anticipated returns for the help. He was later appointed to a state company and nominated for parliament by Moon’s occasion.

You Would possibly Be In

The indictment comes forward of South Korea’s third June election, following the ouster of conservative President Yoon Suk Yeol. Moon has not commented, however his occasion has slammed the costs as politically motivated.

Moon, in workplace from 2017 to 2022, was identified for outreach to North Korea, which stays a divisive legacy.

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