probe

Feb. 6 (Asia Today) — President Lee Jae-myung reaffirmed a zero-tolerance stance on stock manipulation Thursday, warning that those who undermine market order face severe consequences, as authorities intensify an investigation into alleged front-running by journalists.

Lee posted the message on X after sharing a report that investigators searched the headquarters of Korea Economic Daily, writing that stock manipulation leads to “total ruin.” His remark was widely interpreted as a warning against unfair trading practices as the government’s joint crackdown gains momentum.

Financial authorities said the joint task force raided the newspaper’s Seoul office Wednesday. Five reporters are suspected of front-running – allegedly obtaining market-moving information in advance, purchasing shares, publishing related articles and then selling the stock after prices rose to secure profits.

Front-running is prohibited under South Korea’s Capital Markets Act and is classified as a fraudulent trading practice when information obtained through reporting or other nonpublic means is used for personal gain. Authorities said they are reviewing seized materials to determine whether criminal charges apply.

Lee’s comments align with his repeated warnings in recent weeks. Last month, after the KOSPI index surpassed the 4,700 level for the first time, he cautioned that stock manipulation would bring irreversible consequences, pledging to foster a “healthy capital market.”

At the time, Lee also shared news that the joint task force would expand from one team to two and urged investors to “invest properly.” The move followed his directive to strengthen enforcement by introducing multiple response teams. The Financial Services Commission, the Financial Supervisory Service and the Korea Exchange later agreed to reorganize and expand their market surveillance units.

In a policy briefing last December, Lee cited distrust in market transparency as a key factor behind the chronic undervaluation of South Korean equities and called for tougher enforcement to ensure that illegal trading is met with decisive punishment. He also ordered an expansion of enforcement personnel after learning that fewer than 40 staff members were handling stock manipulation cases at the time.

Thursday’s message was seen as reinforcing the administration’s principle that market abuses will be dealt with strictly and without exception, regardless of the individuals or institutions involved, signaling heightened scrutiny as stock prices continue to rise.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260206010002371

Feb. 5 (Asia Today) — South Korea’s Board of Audit and Inspection said Thursday it will begin a first-half audit of public institutions’ asset management, including the sale of broadcaster YTN, amid allegations that some state-linked assets were disposed of at below-market prices.

The audit agency released its 2026 annual plan and said it will focus on high-risk areas tied to financial soundness, including large public-sector projects, asset sales and the operations of overseas offices.

A Board of Audit and Inspection official said the agency will conduct a comprehensive review of cases in which assets were sold or leased at low prices without sufficient valuation, citing claims that public institution assets, including YTN, were subject to “fire-sale” pricing.

YTN became the center of controversy in October 2023 over allegations of forced privatization and a rushed or preferential sale after a 30.95% stake held by KEPCO KDN and the Korea Racing Authority was transferred to the Eugene Group, according to the report.

President Lee Jae-myung ordered ministries in November 2025 to halt and reexamine state asset sales, the report said.

The audit plan also includes reviews described as “visible to the public,” covering illegal drug customs clearance management, defect handling in multi-unit housing and the operation of information security certification systems.

In addition, the agency said it will conduct “innovation support audits” in new technology areas such as artificial intelligence and research and development. The plan also calls for an audit of relaxation facilities, including a cypress sauna and a bedroom, installed at the Yongsan presidential office during former President Yoon Suk Yeol’s tenure, according to the report.

An audit agency official said the board will aim to drive institutional changes that the public can feel.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260206010002246

WASHINGTON — Former President Clinton and former Secretary of State Hillary Clinton finalized an agreement with House Republicans on Tuesday to testify in a House investigation into Jeffrey Epstein this month, bowing to the threat of a contempt of Congress vote against them.

Hillary Clinton will testify before the House Oversight Committee on Feb. 26 and Bill Clinton will appear Feb. 27. It will mark the first time that lawmakers have compelled a former president to testify.

The arrangement comes after months of negotiating between the two sides as Republicans sought to make the Clintons, both Democrats, a focal point in a House committee’s investigation into Epstein, a convicted sex offender who killed himself in a New York jail cell in 2019, and Ghislaine Maxwell, his former girlfriend.

“We look forward to now questioning the Clintons as part of our investigation into the horrific crimes of Epstein and Maxwell, to deliver transparency and accountability for the American people and for survivors,” Rep. James Comer, the chair of the House Oversight Committee, said in a statement.

The negotiation with the Clintons

For months, the Clintons resisted subpoenas from the committee, but House Republicans — with support from a few Democrats — had advanced criminal contempt of Congress charges to a potential vote this week. It threatened the Clintons with the potential for substantial fines and even prison time if they had been convicted.

House Speaker Mike Johnson said Tuesday that any efforts to hold them in contempt of Congress were “on pause.”

Even as the Clintons bowed to the pressure, the negotiating between GOP lawmakers and attorneys for the Clintons was marked by distrust as they wrangled over the details of the deposition. They agreed to have the closed-door depositions transcribed and recorded on video, Comer said.

The belligerence is likely to only grow as Republicans relish the opportunity to grill longtime political foes under oath.

Comer told the Associated Press that Republicans, in their inquiry with the Clintons, were “trying to figure out how Jeffrey Epstein was able to surround himself with all these rich and powerful people.”

Comer, a Kentucky Republican, also said that the Clintons had expressed a desire to make the proceedings public, but that he would insist on closed-door testimony with a later release of a transcript of the interviews. He added that he was open to holding a later public hearing if the Clintons wanted it.

How Clinton knew Epstein

Clinton, like a number of other high-powered men including President Trump, had a well-documented relationship with Epstein in the late 1990s and early 2000s. Neither Trump nor Clinton has been credibly accused of wrongdoing in their interactions with the late financier.

Both Clintons have said they had no knowledge that Epstein was sexually abusing underage girls before prosecutors brought charges against him.

The Clintons argued that the subpoenas for their testimony were invalid and offered to submit sworn declarations on their limited knowledge of Epstein’s crimes. But as Comer threatened to proceed with contempt of Congress charges, they began looking for an offramp.

Both Clintons have remained highly critical of how Comer has handled the Epstein investigation and argue that he is more focused on bringing them in for testimony rather than holding the Trump administration accountable for how it has handled the release of its files on Epstein.

However, as Comer advanced the contempt charges out of the House Oversight Committee last month, he found a number of Democrats willing to help. A younger generation of more progressive Democrats showed they had few connections with the Clintons, who led the Democratic Party for decades, and were more eager to show voters that they would stand for transparency in the Epstein investigation.

Nine Democrats out of 21 on the Oversight panel voted to advance charges against Bill Clinton, and three Democrats joined with Republicans to support the charges against Hillary Clinton. As the vote loomed this week, House Democratic leaders also made it clear that they would not expend much political capital to rally votes against the contempt resolutions.

That left the Clintons with little choice but to agree to testify or face one of the most severe punishments Congress can give.

Groves writes for the Associated Press.

The Clintons agree to testify in congressional probe of high-society sex offender Jeffrey Epstein amid contempt threat.

Former ‍United States President Bill ‍Clinton and Hillary Clinton, the 2016 Democratic presidential nominee, will testify in a congressional investigation into the late sex offender Jeffrey Epstein, a spokesperson for the ex-president said.

The ⁠decision by the Clintons announced on Monday could head off a planned vote in the Republican-led ​House of Representatives to hold the high-profile Democratic Party veterans in contempt for refusing to appear before lawmakers, which could lead to criminal charges.

“The former President and former ‌Secretary of State will be there. They look forward to setting a precedent that applies to everyone,” the Clintons’ deputy chief of staff, Angel Urena, said ‌in a post on social media.

Urena posted the announcement above a House Oversight Committee statement from earlier on Monday that accused the Clintons of “defying lawful subpoenas” and of “trying to dodge contempt by requesting special treatment”.

“The Clintons are not above the law,” the Oversight Committee said.

Last week, the Oversight Committee recommended the couple be held in contempt for refusing ‍to testify about ⁠their relationship with Epstein.

The Clintons had offered to cooperate with the committee’s probe into Epstein, but refused to appear in person, saying the investigation was a partisan exercise aimed at protecting President Donald Trump, who was a longtime friend of Epstein.

Republican House Speaker Mike Johnson welcomed the news from the Clintons, but ‌did not say whether the chamber ⁠would drop its planned contempt vote.

“That’s a good development,” he said. “We expect everyone to comply with Congress’s subpoenas.”

Democrats say the House probe is being weaponised to attack political opponents of Trump – who has not been called to testify despite being long associated with Epstein – rather than to conduct legitimate oversight.

Trump spent months trying to block the disclosure of investigative files linked to Epstein, but pressure from his Make America Great Again (MAGA) base and some Republican lawmakers forced the president to order the release of millions of documents in the case.

Bill Clinton flew on Epstein’s plane several ‌times in the early 2000s after leaving office. He has expressed regret about the relationship and said he knew nothing about  Epstein’s criminal activity.

Hillary Clinton said she had no meaningful interactions with Epstein, never flew on his plane and never visited his private island.

The Epstein affair continues to cast a long shadow over US politics, and now, the United Kingdom’s, entangling prominent figures including the disgraced former-prince Andrew and ex-UK ambassador to the US Peter Mandelson.

UK police said on Monday they are reviewing reports of alleged misconduct involving Mandelson, whose name surfaced more than 5,000 times in the US Justice Department files on Epstein.

The veteran British politician was fired as ambassador to the US last ‍year after emails came to light that showed him calling Epstein “my best pal” and advising him on seeking early release from prison.

Mandelson has apologised to Epstein’s victims and denied wrongdoing.

Jan. 31 (Asia Today) — Harold Rogers, interim chief executive of Coupang Korea, was questioned for more than 12 hours by police over allegations that the company destroyed evidence during an internal probe into a massive personal data leak.

Rogers arrived at the Seoul Metropolitan Police Agency at about 2 p.m. Thursday and left around 2:22 a.m. Friday. He declined to answer reporters’ questions, including whether he acknowledged the evidence destruction allegations, how the company determined that about 3,000 users were affected, and why he had not appeared for questioning earlier.

Before entering police headquarters, Rogers said Coupang had “fully cooperated with all government investigations and will continue to do so,” adding that the company would also cooperate with the police probe.

Police are investigating whether Coupang conducted an unauthorized “self-investigation” after the data breach and destroyed evidence in the process. The company allegedly analyzed a suspect’s laptop without prior consultation with authorities and publicly announced its own findings, including the estimated scope of the leak.

Investigators reportedly questioned Rogers about Coupang’s actions, including allegedly contacting the data leak suspect in China without police knowledge, retrieving the laptop, and conducting forensic analysis independently.

Attention has also focused on whether Rogers will leave South Korea. Police applied for a travel ban against him after his entry on Jan. 21, but prosecutors rejected the request. Rogers previously left the country earlier this month after completing a two-day schedule of National Assembly hearings.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260131010014003

Starmer says Andrew Mountbatten-Windsor should testify before US Congress about his past dealings with the late convicted sex offender.

The United Kingdom’s Prime Minister Keir Starmer has suggested that Andrew Mountbatten-Windsor, a former prince, should cooperate with authorities in the United States investigating the Jeffrey Epstein files and activities.

Speaking on Saturday to reporters at the end of a visit to Japan, Starmer said, “Anybody who has got information should be prepared to share that information in whatever form they are asked to do that.”

“You can’t be victim-centred if you’re not prepared to do that,” he added, according to remarks carried by Sky News. “Epstein’s victims have to be the first priority.”

Asked whether Mountbatten-Windsor, the younger brother of King Charles III, should issue an apology, Starmer said the matter was “for Andrew” to decide.

His comments came as the US Justice Department said it would be releasing more than three million pages of documents along with more than 2,000 videos and 180,000 images under a law intended to reveal most of the material it had collected during two decades of investigations involving the wealthy financier, who died in a New York jail in 2019 while awaiting trial on sex trafficking charges.

The disclosures have revived questions about whether the former British prince, who was stripped of his title last year over his friendship with Epstein, should cooperate with the US authorities in their investigation.

Mountbatten-Windsor – who has long denied any wrongdoing in relation to Epstein – has so far ignored a request from members of the US House Oversight Committee for a “transcribed interview” about his “longstanding friendship” with the billionaire.

The files have also prompted the resignation of Slovak official Miroslav Lajcak, who once had a yearlong term as president of the United Nations General Assembly.

Lajcak was not accused of wrongdoing but left his position after emails showed that Epstein had invited him to dinner and other meetings in 2018.

The newly released files also show Epstein’s email correspondence with Steve Bannon, one-time adviser to US President Donald Trump; New York Giants co-owner Steve Tisch and other prominent contacts in political, business and philanthropic circles, such as billionaires Bill Gates and Elon Musk.

The files show a March 2018 email from Epstein’s office to former Obama White House general counsel Kathy Ruemmler, inviting her to a get-together with Epstein, Lajcak and Bannon. Lajcak said his contacts with Epstein were part of his diplomatic duties.

Meanwhile, the US Department of Justice is facing criticism over how it handled the latest disclosure.

One group of Epstein accusers said in a statement that the new documents made it too easy to identify those he abused, but not those who might have been involved in Epstein’s criminal activity.

“As survivors, we should never be the ones named, scrutinised, and retraumatised while Epstein’s enablers continue to benefit from secrecy,” it said.

WASHINGTON — The Justice Department has opened a federal civil rights investigation into the shooting of Alex Pretti, the Minneapolis resident killed Saturday by Border Patrol officers, federal officials said Friday.

“We’re looking at everything that would shed light on what happened that day and in the days and weeks leading up to what happened,” Deputy Attorney General Todd Blanche said during a news conference. “That’s like any investigation that the Department of Justice and the FBI does every day. It means we’re looking at video, talking to witnesses, trying to understand what happened.”

There are thousands of instances every year when someone is shot by law enforcement, Blanche said, but not all are investigated by federal authorities.

“There has to be circumstances or facts or maybe unknown facts, but certainly circumstances, that warrant an investigation,” he added.

The Department of Homeland Security also said Friday that the Federal Bureau of Investigation will lead the federal probe.

Homeland Security Secretary Kristi Noem first disclosed the shift in which agency was leading the probe during a Fox News interview Thursday evening. Her department said earlier this week that Homeland Security Investigations, a unit within the department, would be heading the investigation.

“We will continue to follow the investigation that the FBI is leading and giving them all the information that they need to bring that to conclusion, and make sure that the American people know the truth of the situation and how we can go forward and continue to protect the American people,” Noem said, speaking to Fox host Sean Hannity.

Homeland Security spokesperson Tricia McLaughlin confirmed Friday that the FBI will lead the Pretti probe and that HSI will support them. Separately, Customs and Border Protection, which is part of DHS, is doing its own internal investigation into the shooting, during which two officers opened fire on Pretti.

DHS did not immediately respond to questions about when the change was made or why. The FBI did not immediately respond to a request for comment.

It was also not immediately clear whether the FBI would now share information and evidence with Minnesota state investigators, who have thus far been frozen out of the federal probe.

In the same interview, Noem appeared to distance herself from statements she made shortly after the shooting, claiming Pretti had brandished a handgun and aggressively approached officers.

Multiple videos that emerged of the shooting contradicted that claim, showing the intensive care nurse had only his mobile phone in his hand as officers tackled him to the ground, with one removing a handgun from the back of Pretti’s pants as another officer began firing shots into his back.

Pretti had a state permit to legally carry a concealed firearm. At no point did he appear to reach for it, the videos showed.

“I know you realize that situation was very chaotic, and that we were being relayed information from on the ground from CBP agents and officers that were there,” Noem said during the interview with Hannity on Thursday. “We were using the best information we had at the time, seeking to be transparent with the American people and get them what we knew to be true on the ground.”

The change comes after two other videos emerged Wednesday of an earlier altercation between Pretti and federal immigration officers 11 days before his death.

The Jan. 13 videos show Pretti in a winter coat, yelling at federal vehicles and at one point appearing to spit before kicking out the taillight of one vehicle. A struggle ensues between Pretti and several officers, during which he is forced to the ground. Pretti’s winter coat comes off, and he either breaks free or the officers let him go and he scurries away.

When he turns his back to the camera, what appears to be a handgun is visible in his waistband. At no point do the videos show Pretti reaching for the gun, and it is not clear whether federal agents saw it.

Steve Schleicher, a Minneapolis-based attorney representing Pretti’s parents, said Wednesday the earlier altercation in no way justified officers fatally shooting Pretti more than a week later.

In a post on his Truth Social platform early Friday morning, President Trump suggested that the videos of the earlier incident undercut the narrative that Pretti was a peaceful protester when he was shot.

“Agitator and, perhaps, insurrectionist, Alex Pretti’s stock has gone way down with the just released video of him screaming and spitting in the face of a very calm and under control ICE Officer, and then crazily kicking in a new and very expensive government vehicle, so hard and violent, in fact, that the taillight broke off in pieces,” Trump’s post said. “It was quite a display of abuse and anger, for all to see, crazed and out of control. The ICE Officer was calm and cool, not an easy thing to be under those circumstances!”

Biesecker and Santana write for the Associated Press. AP reporters Alanna Durkin Richer and Eric Tucker contributed to this report from Washington.

Man charged with throwing explosive device into a crowd at Invasion Day protest in Western Australia’s Perth.

Police may investigate an alleged bombing attempt during an Indigenous rights protest in Perth, Western Australia, as a possible “terrorist” incident, following calls from Indigenous leaders and human rights groups for a more robust response from authorities.

The Australian Broadcasting Corporation (ABC) reported on Thursday that the incident was now being investigated by police as a “potential terrorist act”, two days after a 31-year-old man was charged with throwing a “homemade improvised explosive device” at an Invasion Day protest attended by thousands of people on Monday.

Police charged the man with throwing the device, which consisted of nails and ball bearings, into a large crowd during a protest on Australia’s national holiday, Australia Day, which is also referred to as Invasion Day, since it commemorates the 1788 arrival of a British fleet in Sydney Harbour.

The device did not explode and there were no injuries, police said.

A search of the suspect’s home was conducted, where it was further alleged that a combination of chemicals and materials consistent with the manufacture of homemade explosives was found, Western Australia Police Force said in a statement.

The suspect was charged with an attempt to cause harm and with making or possessing explosives under suspicious circumstances.

Hannah McGlade, a member of the Indigenous Noongar community, told national broadcaster ABC on Thursday that it appeared police had “heard our concerns” regarding the attack.

“A lot of people have been adding concern that it hasn’t been looked at properly as a hate crime or even possibly as a terror crime,” said McGlade, an associate professor of law at Curtin University in Australia.

Indigenous people felt “absolute horror that so many people could have been injured and killed at an event like this, a peaceful gathering”, McGlade added.

The Human Rights Law Centre also called for “the violent, racist attack on First Nations people” to be “investigated as an act of terrorism or hate crime”.

“Reports by rally organisers and witnesses raise serious questions about [Western Australia] Police’s response and communication with organisers, both before and after the attack,” the legal group said in a statement.

The group also said reports that police failed “to address credible threats received ahead of the rally” should be “fully and independently investigated”.

Police alleged that the suspect removed the device from his bag and threw it from a walkway into a crowd of more than 2,000 people during the Invasion Day protest in Perth on Monday.

Alerted by a member of the public, police took the man into custody and bomb response officers inspected the device, the Western Australia Police Force said in a statement.

“It was confirmed to be a homemade improvised explosive device containing a mixture of volatile and potentially explosive chemicals, with nails and metal ball bearings affixed to the exterior,” police said.

Reporting from New York, NY — Media outlets are reporting that federal prosecutors have granted immunity to the executive in charge of the National Enquirer amid an investigation into hush-money payments made on behalf of President Trump.

Vanity Fair and the Wall Street Journal, citing anonymous sources, were first to report Wednesday’s development involving David Pecker, CEO of the tabloid’s publisher, American Media Inc., and a longtime friend of the president.

Court papers connected to ex-Trump lawyer Michael Cohen’s guilty plea Tuesday say Pecker offered to help Trump squash negative stories during the 2016 campaign.

The Journal said Pecker shared details with prosecutors about payments Cohen says Trump directed to buy the silence of two women alleging affairs with him.

Trump’s account has shifted. He said recently he knew about payments “later on.”

Commission President Ursula von der Leyen says Europe will not ‘tolerate unthinkable behaviour, such as digital undressing of women and children’.

The European Commission has launched an investigation into Elon Musk’s AI chatbot, Grok, regarding the creation of sexually explicit fake images of women and minors.

The commission announced on Monday that its investigation would examine whether the AI tool used on X has met its legal obligations under the European Union’s Digital Services Act (DSA), which requires social media companies to address illegal and harmful online content.

Brussels said the investigation would examine whether X had properly mitigated “risks related to the dissemination of illegal content in the EU, such as manipulated sexually explicit images, including content that may amount to child sexual abuse material”.

In a statement to the AFP news agency, European Commission President Ursula von der Leyen said Europe will not “tolerate unthinkable behaviour, such as digital undressing of women and children”.

“It is simple – we will not hand over consent and child protection to tech companies to violate and monetise. The harm caused by illegal images is very real,” she added.

Grok has faced a recent outcry after it was uncovered that users could ask the chatbot to create deepfakes of women and children by simply using prompts such as “put her in a bikini” or “remove her clothes”.

EU tech commissioner Henna Virkkunen said the rights of women and children in the EU should not be “collateral damage” of X’s services.

“Non-consensual sexual deepfakes of women and children are a violent, unacceptable form of degradation,” Virkkunen said in a statement.

X has been under investigation by the EU over its digital content rules since December 2023.

This month, Grok said it would restrict image generation and editing to paying customers after criticism of the tool’s capabilities.

A nonprofit organisation, the Centre for Countering Digital Hate, published a report last week that found Grok had generated an estimated 3 million sexualised images of women and children in a matter of days.

In December, the EU ordered X to pay a 120-million-euro ($140m) fine for violating the DSA’s transparency obligations.

The EU is not the only body investigating Grok’s tool; the United Kingdom’s media regulator, Ofcom, announced it had launched an investigation into X to determine whether it had complied with requirements under the UK’s Online Safety Act.