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LDC Carbon Directors Under Investigation

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South Korean LD Carbon has raised a complaint against three of its directors accusing them of embezzlement, money laundering, misuse of subsidy funding, and forgery

The complaints are against Hwang Yong-kyung Representative Director of the complainant company from around January 28, 2021, to around June 18, 2025,  Lee Chung-jin CFO (Chief Financial Officer) of the complainant company from around August 1, 2021, to the present, and  Han Seung-yeon, Head of the Financial Management Team.

It is alleged that the defendants embezzled funds by inflating contracts and reimbursing the players in t...

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