SEOUL, South Korea – A South Korean court has sentenced a former senior prosecutor to four years in prison for pressuring a Korean Air executive to channel about 14.7 billion won ($12 million) in corporate deals to a contractor run by his brother-in-law.
A court spokesman said Tuesday that Jin Kyung-joon was acquitted on separate bribery charges over making the founder of online game publisher Nexon pay for his acquisition of the company's unlisted stocks in 2005. Jin reportedly made millions of dollars in profit last year after he sold his shares in Nexen Japan, which went public in 2011.
Jin, who was a vice ministerial-level official in the prosecution office, became the country's most senior-level incumbent prosecutor to be arrested in July. The prosecution office dismissed him in August.