The special investigation team for Kim Keon-hee is expected to summon Lee Jong-ho, the former head of Black Pearl Investment, for the second time on the 22nd for questioning.
The special investigation team noted on the 21st that it plans to summon the former CEO for questioning at 10 a.m. on the 22nd as a suspect in the 'Deutsch Motors stock manipulation' case, on charges including violation of the Attorney-at-Law Act.
The former CEO appeared before the special investigation team for questioning around 10 a.m. that day. Around 2:30 p.m. that day, the special investigation team stated, "We are planning a second round of questioning for the former CEO within this week." The second round of questioning follows the first summons the very next day.
The former CEO is a key target of the special investigation team, having played a 'control tower' role in the stock manipulation case involving Deutsch Motors.
He is mentioned as being very close to Kim Keon-hee and was indicted along with eight others, including former Deutsch Motors Chairman Kwon Oh-soo, on charges of involvement in the stock manipulation of Deutsch Motors that occurred between 2009 and 2012, with the Supreme Court upholding a suspended prison sentence.
In this case, the former CEO was found to have led the price manipulation using proxy accounts during the second operational phase, classified as occurring from October 2010 to December 2012. The court determined that three accounts belonging to Kim Keon-hee and one account belonging to her mother, Choi Eun-soon, were used in the price manipulation, with the former CEO identified as the person managing Kim Keon-hee's accounts.