Criminal Punishment Confirmed for Serious Accident - Cheongbo Industrial Fined and CEO Sentenced
Accident: Feb 16, 2022, at Incheon plant, one worker died (crushed).
Guilty verdict: All 5 defendants found guilty of violating the Serious Accident Punishment Act, etc.
Individual sentences: Former CEO 1 year imprisonment, suspended for 2 years; safety manager and supervisor each 1 year imprisonment, suspended for 2 years.
Corporate fines: Cheongbo Industrial 100 million KRW, The Cube&N 30 million KRW.
KOSDAQ Filing Information
Filing: Confirmation Of Facts Related To Criminal Punishment For Serious Disasters