An application for provisional seizure of shares submitted to the court by stepmother Park Sang-ah against former President Chun Doo-hwan’s grandson Jeon Woo-won has been accepted. It seems that the Chun Doo-hwan family has taken legal action against Mr. Jeon Woo-won, who is exposing the suspicion of Chun Doo-hwan’s slush funds.
According to the legal community on the 6th, Judge Park In-sik of the 51st civil case of the Seoul Western District Court quoted on the 17th of the same month the application for provisional seizure of Ware Valley shares worth about 482.32 million won, which Park filed against Woo-Won Jeon on the 10th of last month, claiming that he did not return his contract money. did.
As a result, Jeon Woo-won cannot arbitrarily sell or dispose of his Ware Valley shares. If a lawsuit is filed on the main issue, the possibility of a court battle between mother and son over this stake is also raised. Park, a former talent, is the third wife of Jeon Jae-yong, the second son of the former president and Woo-won’s father.
Ware Valley is an IT company founded by Jeon Jae-yong in 2001, and it has been pointed out as a channel for the Chun Doo-hwan family’s slush fund. In 2013, the prosecution’s special collection team for unpaid fines for the Chun Doo-hwan family also recovered 550 million won from the former president’s slush funds from Son Sam-soo, the slush fund manager and CEO of Ware Valley.
Son was the largest shareholder of Ware Valley at the time (49.53% stake), and Jae-yong’s two sons, Jeon Woo-won and Woo-seong, each held a 7% stake.
Jeon Woo-won has been arguing to the effect that Ware Valley has paid cash dividends for the past three years through media interviews, but he did not receive them and his father stole them. Jeon Woo-won said in a live YouTube broadcast last month, “I’m not trying to get the (Ware Valley) dividend back, I just want my name to stop being used.” “Please sell the stock in my name. Then I will donate the money and use it for a good cause.”
On the other hand, Mr. Jeon Woo-won’s birth mother, Choi Mo, posted a post on Facebook saying, “In 2019, Jeon Jae-yong had no living expenses, so he forced Park Sang-ah to sign the transfer of Ware Valley stocks.” In order to do so, Park made the documents falsely decorated and stamped as if he was repaying the children’s school fees.”
Reporter Kim Soo-yeon [email protected]
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