'Delivery Corruption Suspicion' POSCO Pohang Steelworks Raided ... Police's Third This Year
[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] The police have launched a search and seizure operation related to corruption in subcontractor deliveries involving employees of POSCO Pohang Steelworks. This is the third such operation this year, following those in January and March.
The Gyeongbuk Provincial Police Agency's Intelligent Crime Investigation Unit sent about 10 investigators to Pohang Steelworks around 6 a.m. on the 30th to search several employees' mobile phones and computer hard drives.
The police are reported to have uncovered evidence that POSCO employees were involved during the investigation into corruption in subcontractor deliveries at Pohang Steelworks.
Hot Picks Today
!["Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"](https://cwcontent.asiae.co.kr/asiaresize/93/2026051507261063923_1778797570.png)
"Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- While All Eyes Were on Samsung and Hynix, This Company Surged 50% to New Highs in Four Days [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- "I'm No Longer the Center?"... Even the World's Top Sniper Sidelined in the Era of Drones
- "Target Price Set at 970,000 Won"... Top Investors Already Watching, Only an 'Uptrend' Remains [Weekend Money]
In connection with this, on April 18, a senior employee in his 50s working at Pohang Steelworks was found dead. It is reported that this employee had been questioned as a witness by the police regarding the subcontractor delivery corruption.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
