Special Counsel Team Raids Sambu Construction in Ex-First Lady Investigation

Seoul: A special counsel team launched a raid on a mid-sized builder Thursday as part of its investigation into stock price manipulation allegations involving former first lady Kim Keon Hee. The team, led by special counsel Min Joong-ki, said in a notice to the press that the search and seizure at Sambu Construction Co. began in the morning.

According to Yonhap News Agency, it is the first raid by the special counsel team since Min's appointment last month and Wednesday's launch of its investigation into various corruption allegations involving Kim, former President Yoon Suk Yeol's wife. She is suspected of involvement in manipulating the stock prices of Sambu Construction, in addition to allegedly accepting a luxury handbag and meddling in election nominations, among other things.