MBK chief questioned again over Homeplus debt sales

Prosecutors questioned MBK Partners Chair Michael Byung-ju Kim as a suspect Thursday over allegations that the private equity firm caused investor losses by issuing short-term debt before Homeplus abruptly filed for court-led rehabilitation. The Seoul Central District Prosecutors’ Office’s Anti-Corruption Investigation Division 2 summoned Kim on suspicion of aggravated economic fraud and violations of the Capital Markets Act, according to legal sources. Prosecutors allege that MBK executives kne

Source: The Korea Herald