KT chief questioned over controversial appointment of advisers
SEOUL-- The chief of South Korean telecom giant KT Corp. was questioned by police on Saturday for allegations that he hired a number of management advisers for lobbying purposes.
KT Chairman Hwang Chang-gyu is suspected of having paid huge sums to 14 influential figures from politics, the military, the police and government since his inauguration in 2014 to have them work as lobbyists for the telecom company.
Sources said Hwang denied most of the allegations against him.
In March, a KT labor union and a civic group filed a complaint with the Seoul Central District Prosecutors' Office, alleging KT paid a total of 2 billion won (US$1.68 million) in consultancy fees to the 14 advisers appointed by the KT chief.
Their complaint also said that the advisers, including some deemed unqualified, were mobilized for various lobbying purposes, and it accused Hwang of breach of trust.
The prosecution asked the police to launch an investigation into the case the following month, and the NPA raided KT's head office in downtown Seoul in July. Police investigators also questioned two ranking KT executives last month as part of the probe.
Source: Yonhap News Agency