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Prosecution to Summon Chief Representative of Kook Energy

Prosecution to Summon Chief Representative of Kook Energy

Posted April. 19, 2005 23:11,   


Probing into suspicions over the Russian oil deal by the Korea Railroad (formerly known as Korea National Railroad), Special Investigation Department III of the Seoul Central Prosecutors` Office summoned those involved on April 19, including Gwon Gwang-jin, president of Kook Energy and architect of the project.

Gwon was a large shareholder of Korea Crude Oil (KCO), a company in charge of purchasing a Russian oil company. He has so far claimed that Rep. Lee Gwang-jae (Uri Party) was involved from initial stages of the project.

Gwon answered a question about whether Rep. Lee was involved for the prosecution in the afternoon of that day, saying, “As I’m innocent, there’s no reason that I would falsely take the responsibility.”

Rep. Lee sued Gwon for libel by publication, a case the prosecution assigned to Special Investigation Department Three.