South Korea’s arrested popular Internet financial pundit pleaded not guilty Saturday to charges of spreading false information online.
The 31-year-old, identified only as Park but better known here as “Minerva” or the goddess of wisdom in the Greek myth, claimed he was trying to help those who had suffered as a result of the current financial turmoil.
State prosecutors arrested Park on Wednesday on charges of spreading “groundless” allegations that the country’s currency, the won, was imperiled.
AFP
He took the defensive after being questioned by a Seoul court Saturday as prosecutors sought a warrant to extend his detention.
“I wrote articles in a bid to help those people alienated from the government — small merchants, individuals and laymen who had suffered from the financial crisis,” he told journalists at the court.
“I did not intend to obtain any economic gains through these writings. I accordingly do not admit my guilt.”
Park has written more than 200 economic commentaries in the past few months and gained massive popularity online following his predictions of the collapse of US investment bank Lehman Brothers.
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