MBK Partners Chairman Kim Byung-ju Faces Arrest Warrant Hearing in 2026
MBK Partners Chairman Kim Byung-ju faces an arrest warrant hearing on January 13, 2026, over Homeplus bond sales. The ruling could shift the power balance in the Korea Zinc battle.
The architect of Asia's largest private equity firm now faces a different kind of deal: a fight for his freedom. Kim Byung-ju, the billionaire founder of MBK Partners, is set to face an arrest warrant hearing this week. Prosecutors are zeroing in on allegations of fraud and violations of the Capital Markets Act tied to the questionable sale of short-term bonds by the retailer Homeplus.
MBK Partners Chairman Kim Byung-ju Arrest Warrant Hearing Details
According to the Seoul Central District Court, the hearing is scheduled for January 13, 2026. Prosecutors sought warrants for Kim and three other senior executives, including a co-CEO of Homeplus. The core of the investigation lies in whether the firm knowingly sold bonds to investors while withholding information about the retailer's deteriorating financial health.
A Pivotal Moment for the Korea Zinc Management Dispute
This legal turmoil couldn't come at a worse time for MBK. The firm is currently embroiled in a high-stakes battle for control over Korea Zinc, the world’s largest zinc smelter. Industry watchers suggest that Korea Zinc Chairman Choi Yun-beom may gain the upper hand. Choi recently announced a massive 10 trillion won investment in Tennessee, USA, to build a critical metals refinery—a strategic move that could secure support from institutional investors ahead of the March 2026 shareholders' meeting.
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