{
  "id": 16577389,
  "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-16577389",
  "topic": "world",
  "section": "World",
  "published": "2026-10-26T08:52:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "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": "Korean defense company LIG Defense & Aerospace Co. (LIG D&A) CEO Shin Ick-hyun has denied allegations that the company was involved in a bribery scandal surrounding weapons procurement bids. During a hearing before the National Assembly's defense committee, Shin stated that two executives of the company, who have been indicted for allegedly bribing a Defense Acquisition Program Administration (DAPA) official, have maintained their innocence. He further explained that it is structurally impossible for the company to have raised the alleged 300 million won ($226,700) in bribes through its internal procedures. As a result of the bribery allegations, DAPA has barred LIG D&A from bidding on defense contracts for two years, which could hinder the company's ability to secure new domestic defense orders. LIG D&A has expressed regret over the decision and plans 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."
}