[Alpha Biz=(Chicago) Reporter Paul Lee] Kiwoom Securities said on the 7th that it has recovered 61 billion won from the 494.3 billion won outstanding amount of Youngpoong Paper.

Earlier, Kiwoom Securities said 494.3 billion won in outstanding amount was generated from its customer consignment accounts when the stock price of Youngpoong Paper began to plunge after not blocking the attempted transaction of Youngpoong Paper, which was suspected of unfair trading.

However, it is expected to be difficult to recover outstanding bonds as most of the accounts from which the receivables were generated are suspected to be accounts of stock price manipulation forces that used a large amount of attempts only for one item of Youngpoong Paper.

 

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