In this file photo from Aug 1, Qoo10 CEO Ku Young-bae opens the door to his home as prosecutors prepare to raid his place as part of their investigation into financial trouble of Qoo10 affiliates Tmon and WeMakePrice. - Photo: Yonhap file
SEOUL: Prosecutors on Friday (Oct 4) requested an arrest warrant for Ku Young-bae, CEO of Singapore-based Qoo10, which owns Korean online shopping platforms Tmon and WeMakePrice, for alleged fraud, embezzlement and breach of duty over large-scale e-commerce insolvency incidents.
The Seoul Central District Prosecutors Office also sought warrants to arrest Tmon CEO Ryu Kwang-jin and WeMakePrice CEO Ryu Hwa-hyun.
