Former Advisor Indicted for Embezzlement/Breach of Trust (KRW 3.83B, 0.09% of Equity)
Former advisor Lee indicted for embezzlement/breach of trust involving Taekwang Industrial affiliates (incident date 2026-05-08, confirmation 2026-05-13)
Alleged amount KRW 3.83 billion (0.09% of equity of KRW 3.96 trillion)
Taekwang Industrial itself is not a direct victim; losses are to affiliates
Amount based on complaint; subject to change upon investigation
Company will take necessary legal actions
KOSPI Filing Information
Filing: Suspected Embezzlement and Breach of Trust