Former Chairman Namkoong Gyeon and Former CEO Kim Seonggon File Criminal Complaint Against Humasis Shareholder A for False Accusation and Defamation

It was announced on July 14 that Namkoong Gyeon, former chairman of Humasis, and former CEO Kim Seonggon have filed a criminal complaint against Humasis shareholder Mr. A, accusing him of false accusation, violation of the Personal Information Protection Act, and defamation under the Information and Communications Network Act.

According to the complainants, Mr. A filed a criminal complaint based on claims such as “the overseas mineral business of Humasis is non-existent” and “no mining rights have been secured.” However, the complainants state these are false allegations that do not reflect the facts.

According to the complainants, after adding the mineral business to its business objectives at the annual general shareholders’ meeting held on March 26, 2024, Humasis, through its local entity in Zimbabwe, acquired a lithium mining rights registration and completed an environmental impact assessment approval. They further stated that field surveys, magnetic surveys, trench exploration, and reverse circulation (RC) drilling have been conducted on the mining area and that supporting documents to verify these claims have been secured.

They claim that Mr. A has filed embezzlement and breach of trust charges based on assertions that are not true, such as “non-existent overseas mineral business,” “box-range stock price management,” “involvement in short selling,” and “intentional omission from the shareholder register.” They also alleged that Mr. A shared this information with certain members of the press as if a serious crime had occurred.

Furthermore, they stated that Mr. A’s actions, such as uploading phone call recordings to the cloud and sharing them with third parties and members of the media, could constitute a violation of the Personal Information Protection Act and defamation under the Information and Communications Network Act, and related details have been included in the complaint.

The complainants emphasized that “legitimate oversight and raising of concerns by shareholders must be respected,” but also asserted that “filing a criminal complaint based on claims that are objectively untrue, or sharing voice recordings containing personal information externally without the consent of the parties and thereby damaging another’s reputation, may entail separate legal responsibility.”

They further stated, “Through this complaint, we have requested the authorities thoroughly investigate whether Mr. A’s allegations are factual, the circumstances under which recordings containing personal information were shared externally, and whether false information was distributed or defamation was committed through the information and communications network.”

This content was produced with the assistance of AI translation services.