▲ Liquidation of the Wen government? Reverse side effects… Dong-Hoon Han, Organizational Reorganization Promotion
The Ministry of Justice decided to revive the direct investigation function of the prosecution and push for organizational restructuring by changing the name of the department in charge. The keynote of the Ministry of Justice is to reverse the side effects of the various measures pursued by the Moon Jae-in administration and to strengthen the investigative capacity and independence of the prosecution.
According to Yonhap News on the 8th, the Ministry of Justice has recently sent an official document containing the purpose and contents of this reorganization of the prosecution service to the Supreme Prosecutors’ Office and front-line offices to collect opinions.
After reviewing the opinions of the Supreme Prosecutor’s Office and the front office, the Ministry of Justice plans to present it to the State Council at the end of this month following consultation with related agencies such as the Ministry of Legislation. There are also speculations that the appointment of the prosecution will be carried out in line with the implementation of the organizational restructuring.
This reorganization will be carried out in three directions: the direct investigation department, which had been converted into a criminal and trial division, has been reorganized into a specialized investigation department, and the functions of the key prosecutor’s office for each district prosecutor’s office are strengthened.
▲Voice of Seoul “Warning to the disobedient son… If you don’t withdraw from the private residence of Moon, you will go to the private residence of Park Geun-hye.”
While conservative YouTubers are protesting in front of former President Moon Jae-in’s residence in Yangsan, Baek Eun-jong, president of the progressive YouTube channel ‘Voice of Seoul’, warned that if the protests are not withdrawn within a week, there will be retaliatory protests in front of former President Park Geun-hye’s residence in Daegu. .
In a live broadcast held in front of former President Moon’s residence on the 6th, CEO Baek said, “If you continue to do this without withdrawing within a week, I will go to the house of former President Park whom you follow and respect and do better than you.” The video was posted on the YouTube channel ‘Sound of Seoul’, saying, ‘Warning to filthy sons. If you don’t withdraw from Yangsan, you will go to Park Geun-hye’s private residence.”
CEO Baek reflected the protest scene in front of his private residence with a camera and said, “Two cars with (volume) loudness are being produced. It’s like a country market because it’s a horde of people. It’s an amazing phenomenon.” I can do it, but it seems to be the first time in the history of Korean politics that people follow me even following I have already retired.”
Then, he criticized, “I will go to (President Park)’s house and do more than you guys do,” he said.
▲ Re-challenge by Ssangyong Group to re-sell Ssangyong Motor… 2nd game with KG group
As SsangBall Group challenges the acquisition of Ssangyong Motor once more, it will face a second battle with the KG Consortium, the preferred purchaser.
According to industry sources on the 9th, Ssangyong Motor and EY Hanyoung Accounting Corporation, the lead underwriter for the sale, closed the application for the Ssangyong Motor takeover letter of intent at 3 pm on the same day. It is known that one Ssangbangbang Group has issued a letter of intent to take over.
Ssangyong Motor sets up a preferred buyer and conducts a separate open competitive bidding. If the bid fails, Ssangyong Motor is in the process of selling through the stalking horse method, which gives the buyer the right to purchase.
Previously, the KG consortium was selected for the bidding to select the preferred purchaser contractor. The KG consortium is composed of special purpose corporations (SPC) KG Mobility, KG ETS, KG Steel, KG Inisys, KG Mobility and Kectus PE, and Pavilion PE.
At that time, it was reported that the KG consortium paid regarding 350 billion won and the Ssangbangul Group, led by the Kwanglim consortium, spent regarding 380 billion won in the bidding.
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