KFCC Chairman Park Cha-hoon Indicted on Bribery Charges On August 24, Park Cha-hoon (66), Chairman of the KFCC, has been indicted without detention by the Seoul Eastern District Prosecutor’s Office for accepting KRW 250 million in bribes. Park is accused of receiving a total of KRW 150 million from Yoo Young-seok (55), former CEO of Istum Partners, an asset management company that received investment funds from KFCC. When gift tax and capital gains tax of KRW 100 million were imposed on his two sons, the investigation revealed that he received KRW 100 million in cash from Yoo in August of last year through Ryu Hyuk (59), CEO of KFCC […]