Police found no charges in a case where holding company Hanmi Science accused Park Jae-hyun, CEO and inside director of Hanmi Pharmaceutical, of embezzlement and breach of trust.
Hanmi Pharmaceutical disclosed on the 10th that the Seoul Metropolitan Police Agency made a decision not to refer Park, who was accused of violating the Act on the Aggravated Punishment of Specific Economic Crimes (breach of trust and embezzlement) and of occupational embezzlement, on grounds of "no charges."
The case began in Nov. 2024 when CEO Lim Jong-hoon of Hanmi Science (now CEO of Hanmi Fine Chemical) filed a police complaint against Park. After reviewing the facts, police concluded it was difficult to acknowledge the charges and decided not to refer the case to prosecutors.