The first part of the financial investigation at the Seoul Southern District Prosecutors' Office reportedly wrote on the indictment filed with the Southern District Court ahead of the first trial date on the 19th of next month that Lim decided to use his position as the head of the center to give out a large amount of bad loans with the intention of receiving personnel benefits through Kim.Former head of
Lim was arrested and charged with making friends with former chairman Sohn's brother-in-law and involvement in unfair loans by relatives while serving as head of Woori Bank's Shin Do-rim Financial Center and Seonneung Financial Center.
Kim was also arrested and charged with misappropriating company funds in the name of his wife and other family members and taking out excessive loans by inflating the acquisition price in the process of purchasing real estate through the company.
The prosecution is continuing its investigation based on the results of the Financial Supervisory Service's inspection that Woori Bank made an unfair loan worth 35 billion won to Sohn's relatives.
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