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South Korea prosecutors seek 15-year jail term for Kakao founder, Yonhap reports
Source: reuters.com
Legal & LitigationManagement & GovernanceMedia & Entertainment
South Korean prosecutors asked an appeals court to sentence Kakao founder Kim Beom-su to 15 years in prison over alleged stock manipulation tied to the acquisition of a K-pop agency. The request represents a significant legal and governance overhang for Kakao, with potential implications for investor confidence and the company’s strategic dealmaking.
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