Former South Korean President's wife, Kim Geun-hee, was sentenced in the first instance today for cases involving stock price manipulation.
On the afternoon of the 28th local time, a South Korean court will deliver a first-instance judgment on the illegal suspicions of stock price manipulation and receiving high-priced gifts from religious groups involving Kim Geon-hee, the wife of former President Yoon Suk-yeol. The Seoul Central District Court of South Korea will hold the hearing at 14:10 on the 28th, and the judgment process will be broadcast live through video. Kim Geon-hee's cases include manipulation of stock prices of German automobile companies, receiving high-priced luxury goods, involvement in the relocation of the presidential office and official residence, and receiving illegal political funds, among others. The multiple suspicions are believed to violate South Korea's Capital Market Act, Political Fund Act, and Enhanced Punishment Act for Specific Crimes regarding "mediator bribery," which involves accepting bribery indirectly by leveraging one's position and influence. The court's judgment that day will be the first-instance ruling on multiple suspicions borne by Kim Geon-hee made by a South Korean court. Previously, the South Korean prosecution requested a 15-year prison sentence and fines for Kim Geon-hee based on multiple suspicions.
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