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Unification Church foundation sought to sell $39 mil. in assets during probe: lawmaker

The Unification Church foundation tried to dispose of assets worth 52.3 billion won ($39 million) while it was under investigation over corruption charges linked to former President Yoon Suk Yeol, a lawmaker said Wednesday. The Foundation for the Support of HSA-UWC, run by the Unification Church, filed two applications with the Ministry of Culture, Sports and Tourism in December and March to…

Unification Church foundation sought to sell $39 mil. in assets during probe: lawmaker

The Unification Church foundation attempted to sell assets worth $39 million during a corruption investigation involving former President Yoon Suk Yeol, according to a lawmaker. The Foundation for the Support of HSA-UWC, which is managed by the Unification Church, submitted two applications in December and March to the Ministry of Culture, Sports and Tourism to dispose of its land and buildings.

However, both requests were rejected by the ministry, citing a lack of justification for selling high-value assets without a clear plan for their future use, especially during the ongoing investigation by a special counsel and police.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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