[Korea sinyuncheol financial newspaper reporter] key stakeholders crisis came Shinhan Shinhan Financial Group president and a former Shin, Sang - Hoon yibaeksun former convict both Shinhan Bank. Shin former president was fined 20 million won has been confirmed previous haengjang was sentenced to two years probation and six months in prison one year.
◇ 6 years and seven months, until the legal battle between the Supreme Court
To come out the verdict took six years and seven months. This period Shinhan Financial Group and its subsidiaries have been embroiled in an ethics controversy triggered by "Shinhan crisis.
Shinhan Bank, Shinhan Bank is the background of the crisis began with the accused at the time of SFG President Shin, Sang - Hoon charges of embezzlement. Shin former president of Shinhan Bank served at the time and yihuigeon honor jamunryo 1.500006 billion million won to the embezzlement and bad company, 22.8 billion won, including both loans unfairly 438 billion to 430 billion won, Mt. land ㈜ the group TomorrowNow damages on the banks of the Chairman kkichin the accused was charged with. 2008-2010 allegedly received 860 million won to 3 people Korean-Japanese shareholders (the Financial Holding Company Act violations) were also applied.
One judge allegedly planted the most innocent of God and former president embezzled 200 006 000 million won of them pleaded guilty and received only part of the 200 million won to the Japan national stakeholders. However, it not unlike the first trial for the accused received 200 million won as evidence at the appellate judge accepted the guilty was reduced to a fine.
Yibaeksun ago haengjang the 2008 New former President jamunryo nominal joseonghan slush writing ppaedolryeo the 300 million won from 15 billion won was accused received the year 500 million won to the Korean-Japanese shareholders 1, 2009 · 2 judges ₩ 300 million embezzlement charges innocence at the seam She received.
But one has to admit to a violation of national stakeholders to keep the Financial Holding Company Act, including charges of receiving 500 million won donation guilty and was sentenced to two years probation 1 years' imprisonment 6 months.
◇ Where the aftermath guilty
The person collecting the most attention to the conviction Shin, Sang - Hun is a former president. Recent incidents involved because of our bank it is the only incumbent to start the activities of outside directors. However, due to this conviction it has attracted the attention I want to be a treatment option, stop exercising their rights to receive as Shinhan Financial Group, along with whether to perform outside directorships.
Once we are done outside directorships bank has forecast no problem. It ruled that the current syntax is apparently possible to perform a director position of our bank. According to the Financial Relations Act he was sentenced to a fine or more type who has not finished its enforcement or enforcement is only a five-year exemption from day can not be performed outside directorships. But God is the interpretation that the former president to keep outside directorships since the specific economic crime punishment law fines. Shin former president to return in six years after leaving the financial crisis in 2010, Shinhan.
God is the former head of state for a total of 23 events are held 10 000 shares in the 7678 stock options granted from 2005 to 2008. If this exercise is all about the pending amounts to 2 billion won if I can fully address them.
Financial officials do not want him to be as loud as soon as possible whether or not to exercise stock options in issue "resolved Shinhan position. However, if convicted approved by the listed company from the state because there is a possibility to receive such protests and accusations from minority shareholders. Because of my subcommittee of the Board Compensation Committee determines whether the strike is difficult considering it, "he said. Ten thousand and one compensation committee is also likely to move on does not approve them later in Shinhan Financial Group and the new civil lawsuit between the former president.
◇ incumbent executives relevance
Shinhan ildanrak the situation is going to the Supreme Court at the end of the workshop natjiman remnants of the incident remain. At the time this process jimyeonseo long legal battle raeungchan Shinhan Financial Group, the former chairman was given to politicians accused of illegal temples and NGOs account Lee slush fund allegations provided to the government. Most of these allegations received are referred to for reasons such as lack of evidence acquitted former president was withdraw from the president.
Since handongwoo president, Joe Joe mercenaries, mercenary wiseongho President of Shinhan Financial Group took over the haengjang haengjang this year through the system, but it is a factor to be borne pointed out that wiseongho haengjang Shinhan crisis punctuated officials.
Haengjang is actually wiseongho were criminal charges from consumer finance organizations in this regard. Define solidarity finance has received a complaint in February wiseongho Shinhan Card at the time of the President and perjury perjury allegations teachers Seoul Central District Prosecutors' Office in charge. The group "wiseongho crimes of president raeungchan former Shinhan Financial Group Chairman of the attorneys' fees provided instructions and related perjury allegations and referred to the former chairman of power silse was delivered to the 'Namsan Freedom Center 300 million won' perjury relating to conceal the truth about including allegations of perjury and teachers "he said.
President above is classified as a personnel raeungchan line. Shinhan Shinhan Financial crisis in the branch vice president of the company was cited as raeungchan SFG president, a key figure in the crisis with Shinhan Bank and Shinhan yibaeksun.
Shin, Sang - Hoon is former president of Shinhan Bank, breach of trust embezzlement case against the accused after the Supreme Court ruling "last September 02, 2010 I was terminated by the Supreme Court ruling of March 09, 2017. We will keep hard difficult past six years grace to help withstand without losing the vessel while, deep inside, "it is left to say.
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