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Search and Seizure on Woori Bank

Posted July. 24, 2010 11:06,   


Staff at the special investigation division of the National Police Agency Friday bring belongings and stuff acquired in a search and seizure of Woori Bank headquarters in downtown Seoul. Police said a former chief of the bank’s financing team made loans to unqualified businesses in project financing for real estate development projects, and pocketed millions of dollars under the pretext of consulting fees.