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Police refer Orion vice chief to prosecution for embezzlement
By YonhapPublished : Oct. 24, 2018 - 13:37
Police said Wednesday they referred the vice chairwoman of South Korean confectionery maker Orion Group to the prosecution recommending she be charged for embezzlement.
Lee Hwa-kyung had been under police investigation for allegedly spending 20.3 billion won ($17.8 million) of company funds on building a private mansion on the outskirts of Seoul between 2008 and 2014.
Lee Hwa-kyung had been under police investigation for allegedly spending 20.3 billion won ($17.8 million) of company funds on building a private mansion on the outskirts of Seoul between 2008 and 2014.
Police sought to arrest Lee early this month, but the prosecution dismissed the request citing insufficient grounds for her detention.
Police had initially investigated her husband and Orion Group Chairman Tam Chul-gon over the allegations. But they later obtained testimony that pointed to Lee as the person who oversaw the construction.
Police suggested a non-indictment for Tam.
Orion has denied the allegations and insisted the house is a company training facility and has never been used for private purposes. (Yonhap)
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