Bank Robbery Suspect Had Business Relationship With Hostage
Y. Peter Kang
Author: Y. Peter Kang
Posted: March 2nd, 2012
Filed Under: BLOG
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The man responsible for the hours-long standoff in Buena Park, Calif., on Thursday allegedly knew the woman he held hostage at Saehan Bank, according to news reports.

The standoff, which began at 11 a.m., lasted for several hours and ended around 3 p.m. after Myung Jae Kim, 55, and members of the Buena Park Police SWAT team exchanged fire.

According to the Orange County Register:

“They had a business transaction that probably is the impetus that led to (Thursday’s) event,” Buena Park police Chief Corey Sianez said, adding that details of their business relationship were not immediately available.

Kim, who had entered the bank armed with a shotgun as well as a homemade pipe bomb, demanded $250,000 and refused to release his hostage, who was later identified as the bank manager.

“They went in to rescue the hostage, because she was next to him and he was approaching the door to pick up food that was being delivered to them,” Buena Park police Sgt. Roger Powell said.

Kim, 55, fired one shot from a sawed-off shotgun with the shrapnel injuring three SWAT officers, Powell said. Kim was struck multiple times by return gunfire and the female bank manager, near Kim, was pulled to safety by the lead SWAT officer, Powell said.

After the shots were fired, Kim as well as the officers were taken to the UCI Medical Center, where Kim remained in ICU. The officers involved in the shootings were released after being treated for minor injuries, according to the Orange County Register.

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