Do Kwon and Hon Chand Jun Granted Bail in Montenegro

Do Kwon and Hon Chand Jun have received bail from the court, according to the most recent news from the Montenegrin media site Pobjeda. Both defendants have been ordered to post bail in the amount of $436,000 each to get their provisional release. Do Kwon allegedly gave the court an explanation of his financial position during the court hearing. He said that he had multi-million dollar assets and that his wife will pay the precise amount needed for bail.

South Korean Defendants Do Kwon and Hon Chand Jun Granted Bail in Document Forgery Case

Do Kwon and Hon Chand Jun, two South Korean individuals charged with forging documents, have each posted bail in the amount of 400,000 euros with the Basic Court. Following the payment of the bond sum, the court has ordered their release. The defendants provided the court with information regarding their financial condition throughout the court proceedings, indicating that they own property worth several million euros.

They also informed the court that their spouses would pay the required bond sum. The accused have also vowed to completely comply with the legal process, saying they won’t escape or hide court summonses and will be available at the address given by their defence lawyer. The prosecution’s representative opposed the previously mentioned proposal, stating that the offered sum does not ensure the defendants’ presence and that they have no desire to remain on Montenegro’s soil.

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In a recent development in court proceedings, the defence attorney suggested that the judge found it to be favourable. The seriousness of the allegations against the defendants, their personal and familial situations, their financial situation, and the financial situation of those who posted bail were all elements that the court took into account.

Court Sets Bail at EUR 400,000 for Defendants to Discourage Escape

The court determined that the suggested bail sum of EUR 400,000.00 for each defendant was sufficient to discourage them from trying to evade the judicial system after taking into account all of these circumstances. In reaching this choice, the court also took into consideration the prosecution’s attorney’s viewpoints.