Police Forward Geo Young to Prosecution for 'Unreported Sale of 600,000 Masks'

Seoul Metropolitan Police Agency Metropolitan Investigation Unit and Intelligent Crime Investigation Unit
[Image source=Yonhap News]

[Asia Economy Reporter Donghoon Jeong] On the 24th, the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit announced that it has sent to the prosecution with a recommendation for indictment the corporation Gioyoung and executive A for violating the Price Stabilization Act by distributing hundreds of thousands of masks without reporting to the Ministry of Food and Drug Safety.

Gioyoung is accused of distributing about 600,000 masks to distributors and others between February 12 and February 26 of this year, the period during which it was designated as a public mask distributor, without reporting to the Ministry of Food and Drug Safety.

According to the "Emergency Supply and Demand Adjustment Measures Notice for Health Masks and Hand Sanitizers," sellers must report the price, quantity, and sales locations to the Ministry of Food and Drug Safety by noon the next day if they sell more than 10,000 masks. Violations are punishable by imprisonment of up to two years or a fine of up to 50 million won.

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