Special counsel raids supreme prosecutors' office over missing banknote straps

A special counsel team led by Ann Gweon-seob raided the Supreme Prosecutors' Office in southern Seoul on January 2, 2026, as part of an investigation into the prosecution's loss of key evidence linked to former first lady Kim Keon Hee. The raid targeted the office's information and communications department to probe potential cover-up instructions from higher-ups. Authorities sought to secure messenger records related to the missing Bank of Korea straps.

On Friday, January 2, 2026, prosecutors and investigators from special counsel Ann Gweon-seob's team arrived at the Supreme Prosecutors' Office in southern Seoul to execute a search and seizure warrant. The action forms part of an inquiry into the Seoul Southern District Prosecutors' Office's loss of Bank of Korea straps that bundled new banknotes worth 50 million won ($34,700), seized from the home of a shaman close to former first lady Kim Keon Hee during a December 2024 raid. These straps hold identifying details, such as inspection dates.

The prosecution later discovered the straps were missing, with the Supreme Prosecutors' Office stating in October last year that the loss was accidental. Special prosecutors carried out the warrant to determine if higher-ups issued instructions to conceal the evidence and its disappearance. The focus was on the office's information and communications department, where they aimed to obtain messenger records pertaining to the straps' loss.

This incident raises concerns over the mishandling of evidence in the probe involving Kim Keon Hee. The special counsel team continues to examine possibilities of a cover-up.

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Illustration of ex-First Lady Kim Keon-hee in a Seoul courtroom receiving indictments for corruption, stock manipulation, and bribery from special counsel.
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Special counsel concludes probe with indictments against ex-first lady Kim Keon Hee

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In the final act of its 180-day investigation launched in July 2025—including former President Yoon Suk Yeol's questioning on December 20—the special counsel team on December 29 announced results accusing ex-first lady Kim Keon Hee of corruption, stock manipulation, bribery, and illegal intervention in state affairs. The probe led to 20 detentions and 66 indictments, including Kim; Yoon was referred to police without indictment.

A special counsel team raided South Korea's labor ministry on Tuesday to investigate allegations of unpaid severance pay to Coupang employees. The search targeted the ministry's headquarters in Sejong and the Seoul Regional Employment and Labor Office. The probe focuses on suspected changes to employment rules by Coupang's logistics subsidiary.

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On January 7, 2026, a special counsel questioned a senior prosecutor over allegations of interfering in the probe into e-commerce giant Coupang's unpaid severance pay. This occurs amid broader scrutiny of the company's labor practices, including a task force by the labor ministry and demands for truth from the family of a deceased worker.

Opposition leader Jang Dong-hyeok of the main opposition People Power Party called on Wednesday for separate special counsel probes into the Unification Church's alleged ties with ruling Democratic Party lawmakers and bribery linked to party nominations. He also demanded an independent investigation into the prosecution's controversial decision last November not to appeal a land development corruption case involving President Lee Jae-myung. The move comes amid the Democratic Party's push for a comprehensive special counsel investigation.

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In a follow-up to earlier questioning, police on December 28 interrogated Jeong Won-ju—former chief secretary to Unification Church leader Han Hak-ja—for a second time over alleged bribes to politicians across parties. Now booked as a suspect, Jeong's probe ties into the church's widening corruption scandal linked to former President Yoon Suk Yeol's wife, Kim Keon Hee.

One year after former President Yoon Suk Yeol's December 3, 2024, martial law declaration, Seoul courts remain busy with related trials. Yoon and his inner circle face charges including leading an insurrection and abusing authority, with key rulings expected early next year. President Lee Jae Myung plans to join a rally near the National Assembly on Wednesday to thank citizens for defending democracy.

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In the ongoing Unification Church politician bribery investigation, police questioned former chief of staff Jeong Won-ju as a witness on December 18, following leader Han Hak-ja's interrogation the previous day. The probe centers on cash and luxury watches allegedly given to former Oceans Minister Chun Jae-soo and other politicians.

 

 

 

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