prosecution-asset management Prosecution seeks arrest warrant for Discovery Asset Management head in fund fraud scandal SEOUL, Sept. 5 (Yonhap) -- Prosecutors on Tuesday sought an arrest warrant for the head of an asset management firm on charges of illegally managing funds as they reinvestigate a massive fund scandal that rattled the nation a few years back. The Seoul Southern District Prosecutors Office accused Jang Ha-won, head of Discovery Asset Management Co., of violating the Capital Market Act, fraudulent transactions, breach of trust and other charges.

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