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  1. Jan 12, 2022 · A district court in Jeonju, 240 kilometers south of Seoul, handed down the sentence to Eastar founder and independent lawmaker Rep. Lee Sang-jik after convicting him on several charges, including...

  2. Apr 27, 2023 · Eastar founder and former Democratic Party of Korea (DPK) lawmaker Lee Sang-jik was indicted for causing about 43 billion won ($32 million) in losses to the airline by underselling company shares...

  3. Jan 12, 2022 · The founder of South Korean budget carrier Eastar Jet Co. was sentenced to six years in prison Wednesday for embezzlement of company funds and breach of trust.

  4. Jan 12, 2022 · A district court in Jeonju, 240 kilometers south of Seoul, handed down the sentence to Eastar founder and independent lawmaker Lee Sang-jik after convicting him on several charges, including...

  5. Apr 24, 2022 · Former ruling Democratic Party (DP) lawmaker Lee Sang-jik is serving a six-year sentence for having embezzled money from Eastar Jet, a budget carrier he founded. As many as 600 workers laid off by the airliner did not receive wages or severance pay worth 60 billion won ($48 million).

  6. Lee Sang-jik, an independent lawmaker, is suspected of colluding with a senior company official who was indicted in February for causing about 43 billion won ($38.47 million) in financial damage...

  7. Jul 29, 2020 · Eastar Jet’s pilot union reported founder Lee Sang-jik to the prosecutors for tax evasion and lying on disclosure forms filed for his National Assembly candidacy.