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Prosecutors Conduct Search and Seizure at Shinhan Bank Yeouido Branch over 'Illegal Loan Suspicion'

Prosecutors Conduct Search and Seizure at Shinhan Bank Yeouido Branch over 'Illegal Loan Suspicion' Yonhap News

The prosecution has launched a forced investigation into allegations of illegal loans involving a former employee of Shinhan Bank.


According to the legal community on the 25th, the Anti-Corruption Investigation Division 3 of the Seoul Central District Prosecutors' Office (Chief Prosecutor Lee Seung-hak) sent investigative personnel to a Shinhan Bank branch located in Yeouido, Yeongdeungpo-gu, Seoul, to execute a search and seizure warrant.


The prosecution is reportedly investigating suspicions that employee A, who worked at the branch, assisted businessman B, a former banker, in obtaining loans using forged private documents.


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