Cha Eun-Taek, who has worked with "Gangnam Style" star Psy and boy band megastars Big Bang, used his ties to a secret confidante of Park to win lucrative projects from state agencies and private firms, prosecutors say.
That confidante - Choi Soon-Sil - has been labelled Park's eminence grise, a shadowy figure who is believed to have leveraged her close relationship with the president to extract more than USD 60 million from top firms, including Samsung.
Prosecutors say Park herself ordered her former economic adviser to help Cha pressure officials and private firms so that he would win contracts.
Choi, 60, is accused of meddling in a wide range of state affairs including the country's preparations for the 2018 Winter Olympics.
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Prosecutors last week formally charged her with abuse of power and coercion, saying Park was a "co-culprit" who had colluded with Choi to strongarm top firms into giving cash to non-profit foundations Choi controlled.
Park - now the first South Korean president to become a criminal suspect while in office - has rejected a series of requests from prosecutors to answer their questions.
Park is faced with growing public calls to resign and a push by lawmakers to impeach her, with her job approval ratings diving to record lows of four percent.
Hundreds of thousands have taken to the streets in recent weeks to call for her ouster, with organisers claiming the latest rally yesterday in Seoul drew 1.5 million people.