Politics: Recording Reveals Deutsche Motors Stock Manipulator Lee Jong-ho's VIP(President) Lobbying for Marine Commander Lim
10 July, 2024
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Deutsche Motors Stock Price Manipulation
Accomplice Mr. Lee
Managed Mrs. Kim Gun-hee's account
"I will tell VIP" about Lim
Sung-geun
Mentioned in a call with lawyer A
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| Lim Sung-geun (seated), former head of the Marine Corps' 1st Marine Division, sits down after refusing to take an oath of office during a legislative hearing on the Chaeh Marine Special Prosecutor Act at the National Assembly's Judiciary Committee on Monday, while Park Jung-hoon (from left), former head of the Marine Corps Investigative Unit, and Yoo Jae-geun, former defense ministry legal secretary, take an oath of office. Photo/Yonhap |
In a tale that screams corruption and backdoor deals, a recording has surfaced featuring Lee Jong-ho, former CEO of Black Pearl Invest and notorious accomplice in the Deutsche Motors stock manipulation scandal. Lee is caught lobbying a "VIP" to save ex-Marine Corps 1st Division commander Lim Sung-geun, the man fingered for the Chae case fiasco.
The Players and Their Shady Moves
During a legislative hearing on the Chae Marine Special Prosecution Act, Lim Sung-geun shamelessly refused to take an oath, sitting smugly while his cohorts, former Marine Corps Investigation Unit head Park Jung-hoon and ex-Defense Ministry legal secretary Yoo Yoo-geun, complied. (Photo: Yonhap)
The sleazy details emerged from an August 9 phone call last year, where Lee told Lawyer A that a certain "OO" informed him of Lim's impending resignation. Lee's response? A firm "Don't resign. I will talk to the VIP." And who is this mysterious VIP? One can only speculate, but the stink of high-level interference is unmistakable.
The Deutsche Motors Connection
Lee Jong-ho, well-acquainted with Kim Gun-hee, was already under a cloud for his role in the Deutsche Motors scandal. Convicted as the mastermind behind the "secondary stock price manipulation," Lee received a slap-on-the-wrist sentence: two years in prison, suspended for three years.
The timing of the call is crucial. It
happened just days after Defense Ministry prosecutors snatched investigation
files from the police, following the disappearance of Private Chae, swept away
by a river during a search operation. At that time, the media was hot on the
trail, exposing the Marine Corps Investigation Team's convenient exclusion of
Lim's negligence charges.
The Web of Deceit
Lee, Lawyer A, and "OO" are all ex-Marines, with OO also being a former Secret Service employee. Their camaraderie is underscored by their involvement in a KakaoTalk group where a conversation about a golf outing with Lim was leaked last May. Clearly, these aren't your average golfing buddies but a tight-knit circle of influence-peddlers.
In another jaw-dropping revelation from the call, Lee laments the media's interference with their plans. When Lawyer A probes, "So you were trying to protect him (Lim) from above?" Lee grumbles about the media's meddling. He then spills the beans on plans to promote Lim to a three-star general and the subsequent scramble to quash Lim's resignation amidst the scandal.
Political Fallout and Public Outrage
As the sordid details unfold, opposition parties and civil society groups are up in arms, protesting President Yoon Seok-yul's veto of the Chae Marine Special Prosecutor Act. The Supreme Public Prosecutors' Office, while belatedly getting its act together, has seized the call recordings from Lawyer A, who is now a whistleblower.
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In a recent National Assembly hearing, Lim Sung-geun played dumb, claiming ignorance of the golf meeting and denying knowledge of Lee Jong-ho. His act isn't fooling anyone.
Ultra-right-wing lawmaker Kwon Sung-dong of the People Power Party, ever the apologist, tries to deflect, suggesting Lawyer A, a former Democratic Party aide, orchestrated the whole chat room saga to script a narrative against the ruling party. The Public Prosecutors' Office, meanwhile, is under pressure to investigate thoroughly, as it should.
Democratic Party acting leader Park Chan-dae isn't pulling punches, calling the recording a "smoking gun" that implicates President Yoon and his wife, Kim Gun-hee, in obstructing justice to protect Lim. He vows to push through the Special Prosecutor Act again, undeterred by the president's previous rejection.
The Fatherland Innovation Party echoes the call for deeper investigation, highlighting Lee's brazen attempt to influence the prosecutor in the Deutsche Motors case, urging Attorney A to "do what I tell you" for his own benefit.
Conclusion
In this cesspool of power plays and backdoor dealings, the truth is finally bubbling to the surface. With the Public Prosecutors' Office holding the cards, the next moves in this high-stakes game could bring down some big players.