Young Poong, MBK Allege Private-Gain Scheme by Korea Zinc CEO Family

MBK Partners logo Young Poong and MBK Partners have raised allegations that funds from Korea Zinc were subsequently invested in unlisted companies in which Korea Zinc Executive Director and Chairman Choi Yoon-beom and his family had made personal investments, opening a new chapter in the ongoing control battle over the metals producer. The consortium noted that legal action had been indicated in a…