{
  "id": 16573819,
  "title": "LIG D&A CEO denies company's involvement in bribery allegations",
  "url": "https://urgent.news/2026/10/26/lig-d-a-ceo-denies-companys-involvement-in-bribery-allegations",
  "topic": "world",
  "section": "World",
  "published": "2026-10-26T08:12:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/southkorea/law-crime/20261026/lig-da-ceo-denies-companys-involvement-in-bribery-allegations"
  },
  "original_language": "en",
  "account": null,
  "summary": "LIG Defense & Aerospace Co. (LIG D&A) CEO Shin Ick-hyun denied the company's involvement in a bribery scandal linked to weapons procurement bids during testimony before South Korea's National Assembly defense committee. Two LIG D&A executives have been indicted on charges of bribing a Defense Acquisition Program Administration (DAPA) official, but Shin stated that the company is structurally unable to raise the 300 million won ($226,700) in bribes through its internal procedures, and that the executives have maintained their innocence. The National Assembly's defense committee barred LIG D&A from bidding on defense contracts for two years due to the bribery allegations, which could impact the company's ability to secure new domestic defense orders. LIG D&A expressed regret over the decision, claiming the penalty was imposed before the criminal trial concluded and stating that they plan to challenge the ban through legal action.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}