Thursday, December 11, 2014

Court demands KRW5 billion loan repayment from JYJ Junsu.

JYJ member Kim Junsu has somehow invested KRW285 billion in his new Jeju resort and news has surfaced that he has failed to make repayment for the loans that he has borrowed from the banks involving in legal disputes.



Jeju-do's district court (Chief Judge Kim Yang Ho) is made in charge of the Seogwipo Tuscany Hotel A and B, construction contractors were involved in the construction loan payment accepted the motion filed against Kim on these builders.The court accepted the B Property construction and companies are also applying seizure filed against Kim.

There was a property seizure, including hotels and real estate owned of Kim in Seogwipo, Jeju site.

Kim immediately submitted a complaint, lawsuit loans on the builders and endlessly.

The construction B was ongoing until August of this year and from April last year, it took part in the Tuscany hotel construction.

The hotel covers an area 21,000 B1 to 26㎡, 61 room (main building) 4 floors above ground and pool villa was composed of four levels.

Last September, these builders under the formal opening of the Tuscan hotel facilities IOU money was lent to Kim but they did not get back," as what he said.

Tuscany Hotels rep said, "The fact borrowed money," said "it wrote the IOU well be correct, but made for the accounts," said "these contractors will be filed for damages lawsuit next week as evidence of embezzlement, and securing the construction "he said.

Uh-oh, seems that this hotel thing isn't going too well for Junsu and his family. Hope he gets through this case and settle the problem. 

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