[Exclusive] Coupang paid tens of billion won as a contingent fee to a law firm for preventing the Korea Fair Trade Committee (KFTC) from designating CEO and Chair of the Board Kim Bom-seok as the same person of the company.

김영택 기자

sitory0103@alphabiz.co.kr | 2024-03-22 07:41:30

(Photo = Yonhap news)

 

Chi-ho Han, senior expert of NBN TV (Ph.D. in Public Administration) pointed out, "There was a lot of controversy in the KFTC’s designation of Vice Chairman Lee Woo-hyun as the same person of OCI. Even if both Chairman Kim and Vice Chairman Lee were foreigners, KFTC’s conclusion was different. Coupang picked a great legal counsel to draw KFTC’s favorable decision.”

As Dr. Han pointed out, the KFTC designated Vice Chairman Lee as the same person in 2018 when he was a foreign national.

Coupang’s legal counsel Shin Jung-ha told AlphaBiz that "our company has never paid tens of billions won to an external legal counsel as a contingent fee for preventing the KFTC’s designation of the same person."

 

[ⓒ 알파경제. 무단전재-재배포 금지]