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Govt Puts Pawan Hans Sale On Hold Over Winning Bidder Concerns

Last month, the government selected M/s Star9 Mobility Pvt Ltd, a consortium of M/s Big Charter Private Limited, M/s Maharaja Aviation Private Limited and M/s Almas Global Opportunity Fund SPC, as the winning bidder for Pawan Hans, , pawan hans, Star Mobility, disinvestment

Ex-prosecutor gets 3 years in prison for taking bribes over Lime fraud scandal

Posted : 2021-05-07 15:31 Former chief of the Daegu High Prosecutors Office Yun Gap-geun / Yonhap A former senior prosecutor was sentenced to three years in prison Friday for taking bribes in connection with a financial fraud scandal involving Lime Asset Management. Yun Gap-geun, former chief of the Daegu High Prosecutors Office, was arrested in December on charges of accepting 220 million won ($196,250) in kickbacks from a real estate developer financed by the hedge fund in 2019. Lee Jong-pil, former vice president of Lime, allegedly requested Yun, then a lawyer and opposition party official, use his influence and persuade Woori Bank to resume selling its product that had been suspended amid allegations of Lime s financial irregularities.

Arrest warrant issued for prosecutor-turned-politician in Lime Asset probe

Arrest warrant issued for prosecutor-turned-politician in Lime Asset probe | Former high-ranking prosecutor Yun Gap-geun arrives at the Seoul Southern District Court to attend a hearing about his arrest warrant in connection with the Lime fund fraud case on Thursday. (Yonhap) A court issued an arrest warrant on Thursday for former high-ranking prosecutor Yun Gap-geun in a financial fraud scandal involving Lime Asset Management. The Seoul Southern District Court granted the warrant for Yun, who served as the chief prosecutor of the Daegu High Prosecutors Office and now leads the main opposition People Power Party s North Chungcheong Province office, citing, fear of fleeing or destroying evidence.

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