KPGA Labor Union Files Additional Charges Against Former CEO for Breach of Trust and Embezzlement
Complaint Filed with Bundang Police Station, Gyeonggi Southern Provincial Police Agency
Suspicion Over Use of Corporate Funds for Legal Defense in Criminal Case
The former CEO of Korea Professional Golfers' Association (KPGA) Tour has now been additionally accused of breach of trust and embezzlement.
On July 7, the KPGA labor union announced that it had filed a complaint with the Bundang Police Station at the Gyeonggi Southern Provincial Police Agency against former CEO A, citing charges of occupational breach of trust and, alternatively, occupational embezzlement.
The KPGA labor union has filed charges against the former CEO for breach of trust and embezzlement. Provided by the KPGA labor union
View original imageAccording to the KPGA labor union, CEO A had already been indicted in April on charges of disadvantaging a victim in a workplace sexual harassment case, and is currently facing a criminal trial at the Seongnam Branch of the Suwon District Court. The latest accusation was filed amid suspicions that A made the KPGA Tour corporation pay for his own legal defense costs in the related criminal case.
Evidence submitted by the union to the investigative authorities shows that in November 2022, the KPGA Tour signed a contract with a major domestic law firm for legal defense in CEO A's "unfair treatment" criminal case, and paid a retainer fee of 33 million won from corporate funds. At that time, A, as the company’s final approver, approved payment of legal defense expenses for his own criminal liability without going through a board resolution, and processed the expenditure with company funds.
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A union representative pointed out, "At the time, the management tried to evade responsibility by posting distorted notices and sending mass text messages to about 7,000 KPGA members, rather than uncovering the truth of the sexual harassment case and protecting the victim." The representative added, "The perpetrator of the sexual harassment was convicted by the Supreme Court, and the former CEO, who had imposed heavy disciplinary action on the victim, has also been brought to criminal trial."
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