At time of reporting (2020), there was a concluded investigation/prosecution related to this case in the country of origin (Republic of Korea).
The outcome was no criminal charges were filed in China. In Korea, defendant A was sentenced to 22 years in prison along with a fine of KRW 12,500,000,000 and defendant B was sentenced to 8 months in prison.
Specific factors that helped make the asset return possible in this case was close cooperation was made possible by a joint investigation task force between Korea and China Korean Supreme Prosecutors' Office and the Chinese Ministry of Public Safety discussed asset recovery through the task force. The recovery in this case was made possible by the Chinese Ministry of Public Safety requesting the cooperation of the City of Qingdao.
Assets returned
The agreement for the disbursement of returned assets was a Treaty Between The Republic of Korea And The People's Republic Of China On Mutual Judicial Assistance In Criminal Matters.
Assets Confiscated
| Document Title | Size and Format | Document Type | |
|---|---|---|---|
| Link | Asset Return Agreement/MOU | Go to site |