Arrest warrant sought for LIG owner’s son, executives
Oct 25, 2012
Prosecutors on Thursday sought the arrest of the first son of LIG Group Chairman Koo Cha-won and one former and one current top executive of the group’s affiliates in connection with allegations that the group’s owner family fraudulently issued commercial papers worth multiple billions of won last year.Koo Bon-sang, the son and vice chairman of LIG Nex1, a defense arm of the group; Oh Chun-seok, the president and CEO of LIG Corp.; and Jeong Jong-oh, the former chief management official at LIG En