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MBK Partners Chairman Kim Byung-joo has been summoned to appear before the National Assembly audit for the second consecutive year.
MBK Partners Chairman Michael ByungJu Kim has been summoned to a parliamentary audit for the second consecutive year, where lawmakers will scrutinize the private equity firm's handling of Homeplus, according to The Korea Herald. The National Assembly's Trade, Industry, Energy, SMEs and Startups Committee has summoned Kim to attend Wednesday's audit of the Ministry of SMEs and Startups. The questioning is expected to focus on the emergency business stabilization funds provided to Homeplus after it entered court-led restructuring and incurred losses.
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