Lee Woon-gyeong, the wife of former Namyang Dairy Products Chairman Hong Won-sik, along with their two sons, Hong Jin-seok and Beom-seok, former executives, has been indicted on charges of breach of trust under the Act on the Aggravated Punishment, etc. of Specific Economic Crimes.
Namyang Dairy Products disclosed on the 15th the details of the indictment against Lee and others. The amount involved in the breach of trust allegations against the three is approximately 3.7 billion won. Consequently, the total amount related to embezzlement and breach of trust involving former Chairman Hong and seven other individuals has increased to 25.6 billion won.
Namyang Dairy Products noted, "The company is taking this matter very seriously and plans to sincerely cooperate with legal procedures," adding, "We will do our best to strengthen internal management transparency and establish measures to prevent recurrence in order to transform into a responsible corporation under a new management system."