MBK chairman barred from leaving country amid Homeplus probe

MBK chairman barred from leaving country amid Homeplus probe

Prosecutors have imposed travel restrictions on MBK Partners Chairman Michael Byungju Kim in connection with an investigation into alleged fraud related to Homeplus' March 4 corporate rehabilitation filing, according to legal sources, Monday. The Seoul Central District Prosecutors' Office recently placed Kim, a U.S. citizen, under a travel hold through the Ministry of Justice. Under the Immigration Control Act, there are two types of travel rest…

Prosecutors slap travel ban on MBK Partners chairman over Homeplus scandal

Prosecutors investigating the so-called Homeplus scandal have imposed a travel ban on Michael ByungJu Kim, chairman of MBK Partners and the alleged central figure in the case.