05.31.11 [Yonhap News] Seoul District Public Prosecutors’ Office indicts ‘Lee’ and two reporters on charges of spreading false reports about Rain.

South Korean authorities have indicted ‘Lee’ (55), a businessman who works on clothes, ‘Kim’ and ‘Yu’ who work as investigative reporters for internet newspaper ‘S’ and news agency ‘N’, respectively, on charges of spreading false reports about Rain.

In March of last year, ‘Lee’ filed a complaint against Rain claiming that Rain embezzled company funds, and he even released the related information to the two reporters to let the papers soon get hold of the story. So, Rain sued the three for libel over the remarks last October.

Before this, the court ruled Rain not guilty at the end of December last year.

Credit to Yonhap News http://news.nate.com/view/20110531n24025

Brief translation by rain bird.