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Associate of Former First Lady Arrested on Embezzlement Charges

  • An arrest warrant has been issued for Kim Ye-seong, the associate of former first lady Kim Keon Hee, on embezzlement charges, according to the Seoul Central District Court.
  • Kim Ye-seong is accused of embezzling 3.38 billion won from IMS Mobility in 2023.
  • The special counsel claims that Kim Ye-seong has received 18.4 billion won in illegal investments connected to Kim Keon Hee's family, highlighting his long association with them.
  • Kim Ye-seong has denied any wrongdoing, stating the special counsel's investigation is a 'witch hunt.
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[Anchor] Kim Ye-seong, identified as a close associate of First Lady Kim Kun-hee, has been arrested. Mr. Kim is also a businessman suspected of securing tens of billions of won in investment from a major corporation. The special prosecutors suspect that First Lady Kim is behind this massive investment. First Lady Kim will appear before the special prosecutors for the second time since her arrest the day after tomorrow (the 18th). [Report] The pe…

·Seoul, Korea, Republic of
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tenbizt.com broke the news in on Wednesday, August 13, 2025.
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