Lone Star owes 550 billion.jpg

(1)2024.04.22 20:44 Entered ~Kiho Song, Esq.
(2)Over 550 billion won. South Korea lost to private equity firm Lone Star in 2022, lost to Elliott last year, and lost to Mason Capital on Nov. 11, bringing the total amount of compensation owed to the three funds to more than 550 billion won. Former Minister of Justice Han Dong-hoon is pursuing procedures to annul the judgment in New York and London, but it is difficult to solve. He is now forced to pay a huge amount of money through national taxes. Interest is still accruing at this time.

(1)Han Deok-soo, an advisor to Lone Star’s legal counsel at the time, Kim & Chang, is now the prime minister under Yun Suk-yeol as of August 2022. Chu Kyung-ho, the current Deputy Prime Minister and Minister of Economy and Finance, was involved in the Lone Star acquisition as head of the Banking System Division of the Ministry of Finance and Economy in July 2003 when the meeting was held.

(1)Lone Star 290 billion? If you add interest and lawyers’ fees, it is about 500 billion that we have to compensate. And the important thing is that Chu Kyung-ho, the current Minister of Trade and Industry, who sold it at a low price during the Lone Star case, is now Prime Minister Han Deok-soo, who worked as an advisor to Kim & Jang on the side of Lone Star, and Yoon Seok-yeol and Han Dong-hoon, who were investigated by the Lone Star prosecutors, were all acquitted of charges. But what’s even crazier is that Yoon Seok-yeol, Han Dong-hoon, Chu Kyung-ho, Han Deok-soo, and others who were involved with Lone Star at the time are now in our government and cabinet. Han Dong-hoon is now turning a blind eye to the huge national damage caused by them. It is 500 billion Korean blood taxes to be repaid, and Han Dong-hoon’s behavior is to see the people as pigs. In short, those who have caused huge damage to the country are now in the top 10 from 1 to 10 in the national order, but did these people just help Lone Star without any price???