Police, Financial Services Commission, and 3 Agencies Conduct Search and Seizure... "To Secure Materials Related to Stock Price Manipulation Case"
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[Asia Economy Reporter Lee Gwan-ju] Police investigating a financial case involving a certain company conducted a sudden raid on the Financial Services Commission, the Financial Supervisory Service, and the Korea Exchange.
According to the police on the 27th, the Metropolitan Investigation Unit of the Seoul Metropolitan Police Agency sent investigators to the three institutions in the afternoon to secure related materials.
During the investigation of a recent stock price manipulation case involving a company, the police confirmed that the Financial Services Commission and others had investigated related matters and obtained the company's examination result reports and other documents.
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A police official stated, "This raid is completely unrelated to the Financial Services Commission or its employees," and explained, "It was conducted with agreement to secure materials related to the ongoing investigation."
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