Kakao Founder Kim Beom-su Granted Bail by South Korean Court

Reported 26 days ago

A South Korean court has granted bail to Kakao founder Kim Beom-su, who was arrested earlier this year for alleged stock manipulation during the acquisition of a K-Pop agency. Kim denies the accusations, maintaining he did not authorize any illegal activities. This decision comes as Kakao continues to improve its corporate governance following last year's legal proceedings involving the company.

Source: YAHOO

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