Prosecutors have launched an additional search and seizure in connection with allegations of unfair loans by former Woori Financial Group Chairman Sohn Tae-seung's relatives.
The Seoul Southern District Prosecutors' Office is securing data on loan corruption at nine locations, including four offices and residences of former and current Woori Bank officials, including former chairman Sohn's home today (11th).
Earlier, the Financial Supervisory Service requested an investigation, believing that Woori Bank gave preferential loans of about 35 billion won to former chairman Sohn's relatives and related corporations from April 2020 to January this year.
The prosecution, which took over the case, raided Woori Bank's headquarters and the residence of those involved in the case over two days in August.
In addition, last month, Sohn's brother-in-law, identified only by his surname Kim, was arrested and charged with embezzlement under the Specific Economic Crimes Act.
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