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[Alpha Biz=(Chicago) Reporter Paul Lee] Lee Yong-woo of the Democratic Party of Korea has insisted on perjury of Meritz Securities CEO Choi Hee-moon.
According to Lee Yong-woo's office and the electronic disclosure system on the 31st, Meritz Securities, Ewha Group affiliates EID and Ewha Electro-Mechanics conducted several mezzanine bond transactions in the first half of the year.
Among them, Lee Yong-woo, a member of the National Policy Committee of the National Assembly, raises questions about three transactions between Meritz Securities-EID, EID-Ewha Electro-Mechanics and Ewha-Meritz Securities.
Lawmaker Lee Yong-woo believes Meritz Securities made a triangular deal to predict the Ewha Group scandal and replace collateral with better stocks.
Lawmaker Lee Yong-woo pointed out that "he lied as if it was a new investment and gave false testimony," taking issue with Choi Hee-moon's testimony during a parliamentary audit of the Financial Services Commission and the Financial Supervisory Service on the 27th.
Regarding the acquisition of EB at the time, CEO Choi said, "If I had judged that the company was about to be suspended, I would never have taken over further." Asked by lawmaker Lee whether he invested in cash, he said, "I know it went out in cash."
Lee said that cash payment is only a payment method and replaced BW with EB with better stocks as collateral.
Meritz Securities, on the other hand, still did not know the suspension of trading and said it could not accept Lee Yong-woo's allegation of perjury.
Meritz Securities told Alpha Biz, "Ewha Group cannot preemptively execute EB investment by believing that it will return the EB acquisition proceeds by purchasing BW just before the trading suspension," and added, "The private placement bond of about 30 billion won between EID and Ewha Electric.” "We do not even know the transaction details," he explained.
Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)
